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Europe Daily Bulletin No. 8427

23 March 2003
BRUSSELS EUROPEAN COUNCIL 20 AND 21 MARCH 2003 / Part ii - meeting our objectives
Decisions and actions for the next twelve months

Á. Economic context and policy tools

The economic slowdown has lasted longer than anticipated and the outlook is clouded by economic uncertainties and global political risks. In the current environment, sound macroeconomic policies must be pursued in order to restore confidence and economic growth.

Against this background, the European Council:

endorses the Key Issues Paper adopted by the Council (Ecofin), which together with these conclusions will be the basis of the forthcoming Broad...