9 July 1969

Commission memorandum to the Council on preserving the conditions for balanced growth in the Community

–      doc. COM(69)650, 9.7.1969
 

17 July 1969

Council Decision of 17 July 1969 concerning the coordination of the short‑term policies of Member States (69/227/EEC)

          - OJ L 183, 25.7.1969
- Compendium, p. 97
 

19 November 1969

Commission aide‑mémoire for the conference in Den Haag on 1 and 2 December 1969 of the Heads of State or Government of the member countries of the EEC:

"it is essential that the Heads of State or Government affirm their determination to pursue the construction of a genuine Community, i.e. to buttress the customs union by establishing an economic and monetary union in the years ahead"
> documentation

1./2. December 1969

Summit Conference in Den Haag; the heads of State or Government confirm their willingness to deepen and to enlarge the Community. They agreed that “a plan in stages” should be worked out during 1970 with a view to the creation of an economic and monetary union.

- see final communiqué, point 8
-  also OJ C 136, 11.11.1970, p. 15
 

12 December 1969

Commission memorandum to the Council on the overall medium‑term guidelines for economic policy in the Community (1971‑75)

–      doc. COM(69)1250, 15.12.1969
 

14 January 1970

Decision of the Commission to elaborate a plan by stages towards EMU - Protocol Excerpts       

- doc. COM(70) PV106, p. 32
     

23 January 1970

Mandate of the General Director of DG II (Economic and Financial Affairs) to create an ‘Inter-directional working group' in order to elaborate a plan by stages towards an economic and monetary union (EMU)

- doc. II-DG/UM.sj/23.1.70     UM
 

26 January 1970

Agreement of the Council on a draft decision concerning the procedures for the prior consultations established by the Decision of 17 July 1969;  formal agreement on the system of short‑term monetary support to be implemented by the central banks of the Community

          - Council Decision, 16.2.1970 (doc. R/173/1/70, 11.2.1970 - not published in the Official Journal)
 

9 February 1970

Entry into force of the Community system of short‑term monetary support
 

16 February 1970

Council Decision concerning the appropriate procedures for the prior consultations provided for in the Council Decision of 17 July 1969 (Member States' short‑term economic policies)
                                                                                  - Compendium, p. 98
 

4 March 1970

The Commission presents its plan to establish an economic and monetary union by stages in the form of a memorandum to the Council of Ministers.      

-  doc. COM(70)300, 4.3.1970
- Bulletin, suppl. 3-1970
 

6 March 1970

The Finance Ministers of the Six discuss Economic and Monetary Union in Paris and assign a committee of experts presided by Pierre Werner to elaborate out of the different plans by stages which meanwhile exist (Commission, Belgian, German, French plan), a common plan for achieving economic and monetary union.

- OJ L 59, 14.3.1970, p. 44
- Compendium, p. 17
- Article 6.3.1970 in Le Monde
 

20 May 1970

Interim report of the Werner Group on the attainment by stages of economic and monetary union

–      doc. 9.504/II/70, 20.3.1970 (EEC)

–      OJ C 94, 23.7.1970
 

8/9 June 1970

Approval by the Council of the joint conclusions of the interim report of the Werner group, which is invited to continue its work

-  OJ C 136, 11.11.1970, p. 19
-   Compendium, p. 18
 

11 June 1970

Presentation by the Commission to the Council of a proposal for a decision setting up machinery for medium‑term financial assistance
                                                                         –      OJ C 148, 18.12.1970
 

13 October 1970

Presentation by the Werner group to the Council and the Commission of the final report on the attainment by stages of economic and monetary union in the Community;  "Werner Report"

- OJ C 136, 11.11.1970
- supplement to EC Bulletin, No 11‑70
 

23 October 1970

Presentation by the Commission to the Council of the draft third medium‑term economic policy programme (1971‑75)

–      doc. COM(70)1200, 21.10.1970
 

30 October 1970

Commission communication and proposals to the Council on the attainment by stages of economic and monetary union

–      draft resolution

–      proposal for a decision on strengthening the coordination of Member States' short‑term economic policies

–      draft decision on strengthening cooperation between central banks

–      doc. COM(70)1250, 29.10.1970

–      OJ C 140, 26.11.1970

–      off‑print from EC Bulletin, No 11‑1970
 

18 November 1970

Exchange of views between Parliament, the Council and the Commission on economic union and the prospects for monetary union in the Community
–      European Parliament — Debates — Detailed reports of sittings — Sitting of 18.11.1970
 

23 November 1970

First discussion by the Council of the Werner Report on the basis of the conclusions presented by the Commission on 30 October

          - doc. COM(70)1250, 20.10.1970
 

8/9 February 1971

Adoption by the Council and Member State governments of the third medium‑term economic policy programme (71/107/EEC)

–      OJ L 49, 1.3.1971
 

8/9 February 1971

Adoption by the Council of:

          - the Resolution on the attainment by stages of economic and monetary union

          - the Decision on the strengthening of the coordination of short‑term economic policies

          - the Decision on the strengthening of cooperation between the central banks

          - the Decision on the implementation of a medium‑term financial assistance mechanism

          - Publication:  see below, 22 March 1971
 

22 March 1971

Formal adoption by the Council of the Resolution and the three decisions on 22 March 1971:

Resolution of the Council and of the Representatives of the Governments of the Member States of 22 March 1971 on the attainment by stages of economic and monetary union in the Community

          -   OJ C 28, 27.3.1971
-   Compendium, p. 20

Council Decision of 22 March 1971 on the strengthening of the coordination of short‑term economic policies of the Member States of the European Economic Community (71/141/EEC)

          -   OJ L 73, 27.3.1971
-   Compendium, p. 101

Council Decision of 22 March 1971 on the strengthening of cooperation between the central banks of the Member States of the European Economic Community (71/142/EEC)

          - OJ L 73, 27.3.1971
- Compendium, p. 102

Council Decision of 22 March 1971 setting up machinery for medium‑term financial assistance (71/143/EEC)

          - OJ L 73, 27.3.1971
- Compendium, p. 76
 

9 May 1971

Council Resolution of  9 May 1971 on the monetary situation following the floating of the German mark and the Dutch guilder

- OJ C 58, 10.6.1971
- Compendium, p. 55