14/06/2005 (Agence Europe) - On Monday, the Council endorsed legislative revision of the Stability and Growth Pact by amending Regulation 1466/97 on strengthening and surveillance of budgetary positions and Regulation 1467/97 on implementation of excessive deficit procedure (see EUROPE 8965 on the subject of the vote at the European Parliament). The first text defines the medium-term objectives of Member States and their adjustment trajectory in the event of major structural reform, and on...