Common Market: The Ten Commandments

As spring came last week to the parks and plazas of Brussels, the Common Market's Council of Ministers greeted it by breaking new ground—then retreating into a springlike languor that seemed to rule out any further progress. The new ground was the adoption of an unprecedented common policy under which the Six will coordinate their national economic policies in an effort to halt Europe's dangerous inflation. "This is the first time," said Council President Henri Fayat of Belgium, "that the Six have ever discussed so frankly and so profoundly their common financial problems." But when it came to giving...

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