HC Deb 15 February 1988 vol 127 c420W
Mr. Carrington

To ask the Chancellor of the Exchequer if he will make a statement on the outcome of the latest meeting of the European Community's Economic and Finance Council.

Mr. Nigel Lawson

The ECOFIN Council met in Brussels on 9 February. I represented the United Kingdom.

The Council heard and discussed interim reports from the chairmen of the monetary committee and committee of central bank governors on the Commission's proposals to complete the liberalisation of capital movements in the Community. The Council agreed that the committees should complete their final reports to the Council by April and that Council working group discussions should start forthwith.