Council of State to report on euro and ‘options for the future’

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The Dutch government’s most important advisory body, the Council of State, is to draw up a comprehensive report on the euro, looking at what can be done to improve stability and make sure member states meet the eurozone rules.

The decision to commission the report was taken by the parliamentary finance committee on the last day of sittings ahead of the March 15 general election.

The report will look at the impact of various treaties governing the introduction and working of the euro as well as how well eurozone countries comply with the rules. In particular, it will look to identify obstacles to compliance and possible improvements.

The finance committee’s motion was given unanimous support in the lower house of parliament.

News of the vote to commission the report prompted a flurry of coverage in the British press about the Netherlands holding an inquiry on whether the Netherlands should leave the euro.

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