It held a debate on these subjects at the end of which it approved the following recommendations prepared by the Monetary Committee: - Economic policies will be co-ordinated and multilateral surveillance will be conducted in the Council on two principal occasions each year, one in the early Summer and the other towards the year-end. - At the first of these - normally in June - the Council will adopt its draft for the broad guidelines of the economic policies of the Member States and of the Community in accordance with Treaty Article 103(2), for submission to the European Council.
It held a debate on these subjects at the end of which it approved the following recommendations prepared by the Monetary Committee: - Economic policies will be coordinated and multilateral surveillance will be conducted in the Council on two principal occasions each year, one in the early summer and the other towards the year-end; - At the first of these - normally in June - the Council will adopt its draft for the broad guidelines of the economic policies of the Member States and of the Community in accordance with Treaty Article 103 (2), for submission to the European Council.