Article 1 
The Annual Economic Report for 1993, attached to this Decision, is adopted, as are also the economic policy orientations for the Community put forward in the report. Article 2 This Decision is addressed to the Member States. Done at Brussels, 23 March 1993. For the Council The President S. AUKEN (1) OJ No L 78, 24. 3. 1990, p. 23.(2) Opinion delivered on 12 March 1993 (not yet published in the Official Journal).(3) OJ No C 108, 19. 4. 1993, p. 31. ANNUAL ECONOMIC REPORT FOR 1993 INTRODUCTION AND SUMMARY 3 I. THE COMMUNITY ECONOMY IN 1991 TO 1993 .4 II. FACTORS BEHIND THE PRESENT POOR PERFORMANCE .11 III. THE NEED FOR AN ADEQUATE RESPONSE .18 IV. THE EDINBURGH INITIATIVE .20 IV.1. In the short term .20 IV.2. In the longer term .21 V. MACROECONOMIC POLICIES AND POLICIES FOR STRUCTURAL ADJUSTMENT .24 V.1. Monetary policy .24 V.2. Budgetary policy .26 V.3. Structural policies .26 V.3.1. Continued need for structural reform at the national level .26 V.3.2. Structural adjustment at the Community level .27
Article 2 
This Decision is addressed to the Member States. Done at Brussels, 23 March 1993