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COMMUNICATION OF THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL ON EUROZONE STATISTICS
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The Barcelona European Council of March 2002 expressed the need for further progress to be made on Eurozone statistics and asked the Commission and the Council to prepare a comprehensive report on Eurozone statistics for the Spring 2003 European Council.
Indeed, the availability of good quality Eurozone statistics is essential for the co-ordination of economic policies, the assessment of convergence and the conduct of monetary policy. This applies to infra-annual macro-economic statistics, which represent a key instrument for business cycle analysis and short-term economic policies. The same is particularly true for a successful monitoring of government deficit and debt in the context of the Excessive Deficit Procedure (EDP) of the Stability and Growth Pact. This report is centred on these two aspects, which are of utmost importance for the Monetary Union.
COMMISSION OF THE EUROPEAN COMMUNITIES - Organizational Body
NONE
Management
English
27 November 2002
1-16
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