council resolut decemb measur inflat council european commun regard final communiqué confer head state govern held pari octob regard draft resolut present commiss undertak comprehens action commun excess inflationari trend work present time action base nation polici coordin commun level common polici measur account situat member state action price increas set framework econom polici aim balanc develop fundament object econom growth stabil full employ improv social condit qualiti life adopt resolut member state endeavour reduc rate increas consum price decemb end except made effect modif indirect taxat ii member state convinc essenti condit slow price rise restraint nomin growth wage profit endeavour encourag restraint mean concert action social partner concert action safeguard purchas power incom proper distribut benefit econom expans meet collect increas privat incom context member state manner situat machineri supervis trend price industri good servic ensur trend compat object price polici order avoid price spiral ensur part gain busi product pass consum measur arrang made exchang inform concert action commun level iii member state agre action price rise accompani action structur natur aim remedi region imbal distribut labour forc technic capac accord conclus confer head state govern octob member state aid european social fund increas effort field vocat train readapt improv rapidli suppli inform job vacanc skill sharp increas demand problem relat employ incom trend subject period exchang inform concert action commun level iv member state progress reduc rate expans monei suppli monei monei equival gross nation product real term norm rate increas price fix accord aim gener econom polici account relat monei suppli nation product object achiev end latest member state face mark employ object concert action commun reconsid member state full employ secur mark deceler expans monei suppli half reduct achiev end monetari author posit prompt action interest rate set ceil rediscount facil rais rate interven liquid impos adjust reserv ratio respect liabil financi intermediari recous openmarket oper volum credit impos restrict regul consum credit hirepurchas person loan member state continu joint action prevent undesir inflow capit abroad strengthen machineri set council direct march regul intern monetari flow neutralis undesir effect domest liquid monetari author concert action wai mean prevent unwant capit movement result shift lead lag take concert action member state ensur measur adopt interfer liberalis current transact common market ensur free movement capit commun central bank request increas directli indirectli invest eurodollar market committe governor central bank carri quarterli review trend monei suppli member state central bank adopt provis council decis march strengthen cooper central bank member state european econom commun member state observ strict rule regard manag public financ expenditur current financi year expenditur financi year regard implement nation budget actual rise expenditur expenditur link creation job state face mark employ exce rate increas gross nation product monei term member state budget assumpt base addit half member state full employ provid stagger expect expenditur set conting instal expenditur measur equival effect end month council machineri retain adapt expenditur exce level envisag offset reduct made budget item context prejudic articl treati state aid examin view reduc transfer payment benefit sector economi special attent paid aid pure conservatori natur aid industri competit long term plai posit role growth economi budgetari author appli surplu revenu accru rise price exceed project draw budget reduc net borrow requir lower indirect tax state high level altern surplus frozen central bank member state budget show net borrow requir except countri mark employ refrain monetari financ deficit inflationari pressur eas suffici restrict budgetari polici envisag member state increas taxat reduc expenditur budgetari polici committe examin quarterli budget implement accord guidelin adopt vi council act propos commiss januari decid commerci polici measur quantit restrict applic generalis prefer possibl specif tariff reduct contribut combat inflat vii council declar readi review propos commiss council regul eec juli lai gener rule appli event substanti price rise beef veal sector take account unanim desir combat inflat commun revis regul appli februari pend review januari date exist regul expir council decid reduc custom duti applic beef veal regard calv young male bovin anim intend fatten current reduct import duti increas commiss request measur implement decis addit council act propos commiss adopt delai act agricultur measur measur intend promot product beef veal suspens member state exist quantit restrict import potato period novemb februari decis export refund supervis care viii council take note express commiss reinforc measur restrict competit aris horizont price agreement concert price practic price discrimin appli undertak domin posit market share agreement restrict practic undertak design maintain compartment market voluntari restraint agreement run counter commerci polici commun council take note commiss intent submit independ applic articl case propos aim set systemat control concentr size request member state appli strictli nation legisl prohibit control resal price fix agreement practic constitut refus sell measur design ensur publish price prohibit expos good sale offer servic indic price measur design enabl real price determin take account qualiti quantiti offer enabl price comparison made unfair competit commerci practic packag present good label foodstuff ix council decid april latest june propos direct aim harmonis commun level law regul divers restrict intra commun trade foodstuff ground hygien public health direct object liberalis trade medicin product commun applic direct decid open public work contract concess competit harmonis provis relat thereto close supervis council act quickli propos direct coordin procedur award public suppli contract council examin outcom programm action meet held review econom situat commun meet june xi accord procedur laid period preced access acced state consult resolut record agreement object contain resolut take account situat instrument econom polici declar prepar step enabl attain object oj nol oj nol refer ecsc product decis repres govern member state meet council oj