Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-06-14-Speech-3-277"
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"en.20000614.10.3-277"2
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"The honourable Member’s question raises an interesting point. As Euro 11 and the institutionalisation of the third phase of economic and monetary union require a form of closer cooperation which is pre-established in the Treaty, the question is whether an
will be created in Euro 11 which must be transposed to the full Union. There are currently no elements of policy coordination between the countries in Euro 11 which naturally affect or should affect their behaviour in Ecofin. However, it makes perfect sense that countries which are part of an effective policy model and which are involved in implementing policies involving, for example, the single currency framework can separately define and coordinate a position. However, this can only be ratified in Ecofin. This point is important for understanding that perhaps in the future, when different policy integration models exist, we will see more elements and more ways of working of this kind. This may be the future and we will see whether the Feira European Council integrates closer cooperation into the Intergovernmental Conference. If so, we will very probably see several models emerge.
How can we avoid this? For a country such as the honourable Member’s perhaps the problem will be solved by being part of the Euro Council. However, until this decision is taken by the authorities in his country, the Euro Council will consist exclusively of the eleven countries which have actually adopted the euro."@en1
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