1999 annual economic Report. European Union at the arrival of the euro: growth, employment and stability

The Parliament adopted its resolution on the 1999 Annual Economic Report, drafted by Mr. André FOURCANS (EPP, F). The Parliament takes the view that there is still not enough convergence between the Member States in the Eurozone. It calls for more co-operation at a political level in the areas of tax, monetary and labour policy, and in particular for a European investment pact. It also asked for consideration to be given to the launch of Eurobonds as a means of supporting large scale infrastructure projects.�