§ Mr. Spearingasked the Chancellor of the Exchequer if Her Majesty's Government have made a response to the EEC Commission Document COM (77) 620 concerning prospects for economic and monetary union; what is the latest date when such a response will be made; and in what form it will be published.
§ Mr. HealeyThe Commission's communication on the prospects for economic and monetary union was discussed at meetings of the European Heads of Government and EEC Finance Ministers in December. Her Majesty's Government were represented at both meetings. The document has been remitted for further study by the specialist economic and financial committees of the Community, but I cannot predict how long this work will take. The form of the Government's response to the communication will be decided in the light of this further study.