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Europe Daily Bulletin No. 9023

9 September 2005
Contents Publication in full By article 34 / 42
GENERAL NEWS / (eu) eu/ecb
Mr Bini Smaghi pleads in favour of greater coherence between budgetary procedures in Euro Zone

Brussels, 08/09/2005 (Agence Europe) - If there are problems of economic coordination within the euro zone, these are not down to a lack of dialogue, but an absence of synchronisation of procedures and timetables to prepare the budgets of the Member States, said Lorenzo Bini Smaghi in an article published by the Financial Times on Thursday. Mr Bini Smaghi, who is a member of the board of the European Central Bank, pointed out that the budgetary plans of the Twelve were prepared by their...

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