European Commission 24 June 1997, Amended proposal for a Council Regulation (EC) on speeding up and clarifying the implementation of the excessive deficit procedure

ta m" s COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 24.06.1997 COM(97) 306 final 96/ 0248 (CNS) Amended proposal for a COUNCIL REGULATION (EX) ON SPEEDING UP AND CLARIFYING THE IMPLEMENTATION OF THE EXCESSIVE DEFICIT PROCEDURE (presented by the Commission pursuant to Article 189 a (2) of the EC-Treaty) B EXPLANATORY MEMORANDUM On 16 October 1996, the Commission adopted in COM(96)496 final a