Brussels, 08/10/2007 (Agence Europe) - In conclusions on the effectiveness of the preventative arm of the Stability and Growth Pact (SGP) adopted on Monday 2 October, the ECOFIN Council states that it is of the highest importance to move towards viable budget positions. The draft text will be submitted to ministers for approval. It follows up on the report on 2007 public finances adopted by the European Commission in June (see Europe 9445). The Commission noted a sharp improvement in member...