Recent budgetary developments and prospectsIn 2005, the budgetary position in the euro area and theEU improved significantly. In the euro area, the govern-ment deficit fell by 0.4 percentage point and reached2.4 ...

Article 122(2) of the Treaty requires the Commission and the ECB to report to the Council, at least once every two years, or at the request of a Member State with a derogation, on the progress made in ...

One year has passed since the EU Heads of State and Government endorsed the main elements for reforming the Stability and Growth Pact (SGP), on the basis of ideas put forward by the Commission in a Communication ...

Read this leaflet to find out how the euro came into being, where it is used, what benefits it can bring and how it is governed. You might discover some unexpected facts! Then see overleaf for a poster which can be ...

In 1999 the euro was born: this was when it first appeared on payslips, bills and invoices. On 1 January 2002, euro banknotes and coins entered European bank tills, cash registers, purses and pockets for the first time. ...