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To fill this institutional lacuna, the Maastricht Treaty and its successor treaties created a panoply of non-credible rules to constrain states.

To fill this institutional lacuna, the Maastricht Treaty and its successor treaties created a panoply of non-credible rules to constrain states.

the European Union remained capable of promoting planification, code for looking after large French companies through bailouts

Lamont thus inherited Britain's place in the EMS-ERM fixed exchange system and tried to make the best of it, seeing it also as a bulwark for pushing down Britain's inflation rate

put under pressure by the exigencies of its most powerful social groups