council decis oper central bank member state european econom commun eec council european econom commun regard treati establish european econom commun articl indent articl thereof regard recommend commiss june regard opinion european parliament regard opinion econom social committe progress realis econom union involv implement econom monetari polici ensur stabl exchang pariti currenc member state closer ordin monetari polici member state promot arrang consult central bank member state place decis central bank decid articl purpos promot oper central bank member state committe govern central bank member state european econom commun hereinaft call quot committe quot set articl committe compos governor central bank member state unabl attend repres member direct bodi institut commiss gener rule invit send member repres meet committe committe consid invit qualifi person attend chairman monetari committe unabl attend vice chairmen committe articl task committe hold consult gener principl broad line polici central bank credit monei foreign exchang market exchang inform regular interv import measur fall compet central bank examin measur examin place measur concern adopt circumst time limit adopt oj oj carri task committe review trend monetari situat insid commun articl committe meet regular interv circumst requir commiss consid situat necessit step request emerg meet committe articl committe adopt rule procedur provid secretari servic brussel council presid fayat