EMU: PARIS AND BERLIN HANKER AFTER A MORE FLEXIBLE STABILITY PACT.(Brief Article) From: European Report | Date: October 30, 2004 | COPYRIGHT 2004 Europe Information Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

"We both agree the Prodi Commission has made some interesting proposals that point in the right direction but they do not go far enough", according to Gerhard Schroder. Germany and France are anxious to persuade their partners to allow the Member States more room for manoeuvre, via research and development investment, for example, he added. The two countries would like R & D spending deficits to be left out of the calculation.

The Commission reform plan does not include ...