European Parliament
Schmid, Herman (GUE/NGL ),
rapporteur.
(SV)
Mr President, this is about the Stability Pact. We had a long discussion between the groups yesterday. The problem is that the Stability Pact is not completely binding upon all the Member States. What, of course, we have here is a document with guidelines for 25 Member States. Of these 25, only twelve are part of the Stability Pact. We therefore agreed to add something to the wording for the purposes of clarification. The words ‘within the euro zone countries’ should follow ‘Stability Pact’.

