Two days ago, our readers received the full text of the draft “Treaty on Stability, Coordination and Governance in the Economic and Monetary Union” (Europe/Documents No2557), as well as an analysis of the changes made to the draft, ahead of the last technical discussion (next Wednesday) for preparing political deliberations. There are just a few comments I would like to add.
(1) Name. The term “Treaty” has been used rather than “Agreement” or “Pact”, but this aspect could...