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Europe Daily Bulletin No. 8748

15 July 2004
Contents Publication in full By article 20 / 35
GENERAL NEWS / (eu) eu/emu
Court ruling encourages support for adapting stability pact

Brussels, 14/07/2004 (Agence Europe) - Reactions to the decision by the Court of Justice of the European Communities (CJEC) are positive but different. Most welcome the clarifications by judges on the Stability and Growth Pact, at least in regard to application procedures and distribution of roles between the European institutions. Although some quarters have noted that the decision does not go indubitably in the direction of a fortified Commission, everyone has welcomed the acknowledgement...

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