Brussels, 08/11/2002 (Agence Europe) - The debate on economic governance (see yesterday's EUROPE, p.3) demonstrated almost unanimity by Convention members not to alter anything to the statute and mandate of the ECB or the Stability Pact. A large majority wants an enhanced role for the European Commission regarding the broad economic policy guidelines (BEPGs).
During the debate, the representative of the British Government, Peter Hain pleaded in favour of maintaining unanimity for tax and...