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Europe Daily Bulletin No. 9993

8 October 2009
Contents Publication in full By article 13 / 36
GENERAL NEWS / (eu) eu/economy
Downturn shows that coordination in euro area has to be strengthened

Brussels, 07/10/2009 (Agence Europe) - Adjustments, to improve the operation of the Economic and Monetary Union (EMU), identified before the economic and financial crisis broke are still relevant. With its adoption of the 2009 annual statement on the euro area on Wednesday 7 October, the Commission notes the appropriateness of recommendations made over a year ago in its communication “EMU@10” (see EUROPE 9656). Despite the economic downturn, it remains important to strengthen governance...

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