The Commission is now endeavouring as carefully as possible to analyse the consequences of the present oil crisis for these countries, but not for them alone, and is considering how it can put forward concrete proposals.

That is what the compromise text runs the risk of doing.

Lithuania joined ERM II with its existing currency board arrangement in place , as a unilateral commitment , thus placing no additional obligation on the ECB .

Yet, sadly, there have been signs of slackening Western commitment.

ESCB public commitment in the area of statistics

Public commitment on European Statistics by the ESCB

The final compromise shows clearly that there were officials in the system who pushed very hard towards a positive solution.

I have another engagement.

I had a commitment.

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