Proposal by Theo Waigel for a Stability Pact for Europe (November 1995)

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In November 1995, convinced that the introduction of the single currency must be accompanied by efforts in the area of budgetary discipline, Theo Waigel, German Finance Minister, proposes the adoption of a Stability Pact between the Member States of the European Union participating in Economic and Monetary Union (EMU).

Source and copyright

Source: Europe Documents. 24 November 1995, No 1962. Brussels. "The stability pact for Europe proposed by German Minister Theo Waigel", p. 1-3.

Copyright: (c) Europe, Agence internationale d'information pour la presse

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