ABSTRACT

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Article 175(1) thereof,

Having regard to the proposal from the Commission1,

Having regard to the Opinion of the Economic and Social Committee2,

After consulting the Committee of the Regions,

Acting in accordance with the procedure laid down in Article 251 of the Treaty3, in the light of the joint text approved by the Conciliation Committee on 20 December 2000,

Whereas:

(1) Article 2 of the Treaty stipulates that the Community shall have among its tasks to promote throughout the Community sustainable growth and the Resolution of 1 February 19934 stresses the importance of such sustainable growth.