We must remember what this Stability and Growth Pact calls for.

First, the role of the Stability and Growth Pact in the current process.

We created this Stability and Growth Pact less than five years ago.

We must also provide a future for the Stability and Growth Pact.

Many have already heard of the Stability and Growth Pact.

I should like to make three comments on the Stability and Growth Pact.

The first of these is the Stability and Growth Pact.

In the short term, then, the Stability and Growth Pact has worked.

That is why we created the Stability and Growth Pact in the past.

Only then should we take a look at how best to give shape to the Stability and Growth Pact.