Issue 23 - 2002
The EU needs a flexible pact
01 April 2002
The decision of EU finance ministers in February 2002 to ignore a Commission proposal to warn Germany and Portugal over the level of their budget deficits has jeopardised the credibility of the Stability and Growth Pact.
Restoring leadership to the European council
01 April 2002
Everybody knows the European Commission is in bad need of reform. The problems in the European Council - the regular summits of heads of government - and the Council of Ministers are less widely known but just as serious, and they contribute to Europe's lack of leadership.