In 1999 the European Central Bank will take up its functions, the European Parliament will be re-elected and the new Commission will be formed. This year, 1998, is one of intense political and technical preparation for these three major events. The imminent advent of a powerful, truly European but “sectoral” institution such as the ECB, together with the prospect of enlarging the Union to 20-25 members, is already generating serious concern about the ability of the institutional architecture of the European Union to meet the needs of the future.
In this context, our European Steering Committee made ??15 proposals with the goal of feeding the European public debate.