CELEX: 31970D0192
Language: en
Date: 1970-03-06 00:00:00
Title: Council Decision of 6 March 1970 on the procedure for economic and monetary cooperation

30                                    Official Journal of the European Communities
No L59/44                             Official Journal of the European Communities                        14.3.70
                                                  COUNCIL DECISION
                                                      of 6 March 1970
                                 on the procedure for economic and monetary cooperation
                                                       ( 70/ 192/EEC)
            THE COUNCIL OF THE EUROPEAN COMMUNITIES,
            - in order to implement as rapidly as possible the Resolution concerning Economic and
          ,    Monetary Union in the Community taken at the Conference of Heads of State or Govern­
               ment held at The Hague on 1 and 2 December 1969 (paragraph 8 of the Communique);
            - taking note of the proposals made by the Governments and of the communication from
               the Commission to the Council on the . preparation of a plan for the creation by stages of
               the Economic and Monetary Union,
            HAS DECIDED :
            to invite the Chairmen of the Monetary Committee, the Committee of Governors of Central
            Banks, the Medium-Term Economic Policy Committee, the Conjunctural Policy Committee
            and the Budgetary Policy Committee and also a representative of the Commission, to meet
            under the chairmanship of M Pierre Werner to draw up a report on the proposals which have
            been made so that the fundamental options concerning the attainment by stages of Economic
            and Monetary Union in the Community may be determined.
            A first report shall be placed before the Council and the Commission by the end of May 1970
            so that the Council may discuss it.
            Done at Brussels, 6 March 1970.
                                                                                         For the Council
                                                                                          The President
                                                                                           P. HARMEL