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European Monetary System

Volume 959: debated on Monday 27 November 1978

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Q10.

asked the Prime Minister what proposals he intends to bring forward, at the EEC Summit on 4th and 5th December, regarding the successful operation of the European monetary system.

The European Council will be discussing the proposed European monetary system on the basis of long and complex studies which have been carried out since the summer on both the exchange rate arrangements and the concurrent studies. The United Kingdom has put forward a number of proposals in the course of these discussions, and if it appears desirable we shall be ready to make further proposals in the course of the European Council.