Sixth Report on the Activities of the Monetary Committee.

Abstract

The purpose of this -report is to give a general Picture of the activities of theMonetary Committee of the European Economic Community in 1963. TheCommittee held nine sessions in 1963 under the chairmanshiP of JonkheerMr. E. van Lennep. Treasurer-General in the Netherlands Ministry of Finance. Alist of the members is attached to this report.The Monetary Committee was set up under Articl.e 105 (2) of the Treaty of Rome.Its function as laid down in the Treaty is to observe the monetary and financialpolicies and general payments systems of the Member States and, mOre generally,to promote the co-ordination of the Member States' monetary policies to theextent necessary for the efficient functioning of the Common Market.