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Europe Daily Bulletin No. 8598

4 December 2003
Contents Publication in full By article 16 / 39
GENERAL NEWS / (eu) ep/stability pact/governance
Mr Prodi announced a Commission initiative on EU wide economic governance

Brussels, 03/12/2003 (Agence Europe) - President Prodi used his intervention at the EP on the IGC and the European Council of Brussels (see p 3) to express his ideas on Ecofin's decision to no impose sanctions on France and Germany, despite the countries having failed to respect the Stability Pact. From a procedural point of view, the affair is serious, as the Council "decided to follow an entirely intergovernmental route". Mr Prodi insisted that his basic criticism as that "they should use...

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