EU Stability Pact (Hansard, 6 June 2000)

§ Mr. Redwood
To ask the Chancellor of the Exchequer what is his policy on the application of the EU Stability Pact to the UK. [123830]

§ Miss Melanie Johnson
As set out in Articles 99 and 104 of the EC Treaty, the UK once a year submits a Convergence programme as part of the Stability and Growth Pact.

§ Mr. Mitchell
To ask the Chancellor of the Exchequer what obligations are imposed on him in respect of public spending by the EU stability pact; and what contribution these have made to ensuring that divergences in the economic cycle between the UK and Europe are reduced. [124349]

§ Miss Melanie Johnson
Under Council Regulation (EC) No. 1467/97, the UK shouldendeavour to avoid excessive deficits.