TESTO - Proposte franco-tedesche per governance della zona euro
PARIS Aug 17 (Reuters) - France on Wednesday published a letter containing proposals President Nicolas Sarkozy and German Chancellor made jointly on euro zone reforms to address the debt crisis in the region.
The following is a translation of the joint letter agreed by the two leaders after they met Tuesday in Paris, and which is being sent to European Council President Herman Van Rompuy.
(Part of the preamble has been left out)
France and Germany commit to fully and as fast as possible implement all of the decisions taken by the heads of state and government at the July 21 2011 summit. France and Germany stress the importance they accord to rapid parliamentary approval of these decisions in their two countries by the end of September. They call on all euro zone members to take the necessary measures so a new EFSF (European Financial Stability Facility) can be fully operational by the end of September.
1/ Reinforcing euro zone governance
All the decisions taken over the last year aim to increase stability and promote growth in all of the member states. With that in mind, the euro zone must reinforce and rationalise its institutional framework to improve the efficiency of its decision-making process and enhance the coherence of its institutions and procedures.
This framework should be based on the following proposals: Continua...