European Parliament and Committee on Economic and Monetary Affairs 6 May 1994, Resolution on the impact of exchange rate fluctuations on the Community' s internal and external trade

25 . 7 . 94 Official Journal of the European Communities No C 205/5 1 1 Fnday, 6 May 1994 9. Takes the view, therefore, that the monetary policy instruments used during the third stage must allow of a decentralized implementation of the common monetary policy and that, in order to do this, these instruments must fulfil criteria of recognized efficacy, of uniformity of application in all countries