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The European Council [Hanover Summit 1988], Hanover, 27-28 June 1988

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  • Economics


THE EUROPEAN COUNCIL HANOVER 27-28 JUNE 1988 Documents in the dossier include: Hanover European Council Reproduced from the Bulletin of the European Communities, No. 6/1988 E. C. Summit Leaders Askfor Study of Monetary Union; Reappoint President Delors European Community News No. 18/1988 EC Office of Press and Public Affairs Washington DC Press Conference by President Delors Before the European Summit in Hanover Brussels, 23 June 1988 Hanover European Council Conclusions of the Presidency 3.4.1. At the end of the European Council in Hanover .on 27 and 28 June, the Presidency pre, sented the following conclusions: Implementing the Single European Act The European Council welcomes the constructive ~ev~lo~men! of relations between the Community Inst~tUtlOns In recent months and stresses the politi, calimport:mce of the interinstitutional agreement concluded between the Council , the Commission and the European Parliament. It would appear necessary to associate the Euro, pean Parliament more closely with the decisions of the Council at this stage of the full attainment of the. internal mar~et and the approach to European UnIon, not only In order to achieve a better insti" tuti??al balance but also to enable Community decIsIOns to be better understood by citizens of the Community. Completion of the internal market The European Council considers that this major objective set by the Single Act 1 has now reached the point where it is irreversible, a fact accepted by those engaged in economic and social life. The outcome of the stUdies conducted to evaluate the benefits of the single market confirm that its achiev~ment offers the Community considerable potentIal for growth and for an increase in employ- ment. The European Council notes that over one third of the measures programmed in the Commission White Paper 2 have now heen agreed. The Council considers it particularly encouraging that decisions have been taken or are under way in strategic areas such as: full libe

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