The agreement on the substance is obscured by the legal conflict. The more we read and re-read the texts on the Stability Pact, the less we understand how legal confrontation was arrived at. The Commission's press release attempts to play down the significance of its appeal to the judges of Luxembourg against the Council, stressing that it is in no way contesting the economic content of the ministerial decisions; on the contrary, it is more than happy to recognise this content as it, for the...