text_body: --- DIVISION TITLE ---
  
  Government assessment of medium term economic and budgetary position for submission to the European Commission
  
  --- MOTION EFFECT ---
  
  
  
  @ MP voted aye to approve the Governmentâs assessment of the UK's medium term economic and budgetary position for submission to the European Commission. 
  @ MP voted no not to approve the Governmentâs assessment of the UK's medium term economic and budgetary position for submission to the European Commission. 
  
  The majority of MPs voted to approve the Governmentâs assessment of the UK's medium term economic and budgetary position for submission to the European Commission. 
  
  The approved motion read:
  
  :That this House approves, for the purposes of [http://www.legislation.gov.uk/ukpga/1993/32/section/5 section 5 of the European Communities (Amendment) Act 1993], the Governmentâs assessment as set out in the Budget Report, combined with the Office for Budget Responsibilityâs Economic and Fiscal Outlook, which forms the basis of the United Kingdomâs [http://ec.europa.eu/economy_finance/sgp/convergence/index_en.htm Convergence Programme].
  
  
  [http://www.legislation.gov.uk/ukpga/1993/32/section/5 Section 5 of the European Communities (Amendment) Act 1993] requires Parliament's approval for its report to the European Council and Commission giving its assessment of the UK's medium term economic and budgetary position in relation to the goals set out in Article 2 of the Treaty Establishing the European Community as required by Articles 103 and 104c of the [http://www.hri.org/docs/Rome57/index.html Treaty of Rome]
  
  [http://eur-lex.europa.eu/en/treaties/dat/11992M/htm/11992M.html The Maastricht Treaty] amended Article 2 of The Treaty establishing the European Economic Community to state:
  
  :The Community shall have as its task, by establishing a common market and an economic and monetary union and by implementing the common policies or activities referred to in Articles 3 and 3a, to promote throughout the Community a harmonious and balanced development of economic activities, sustainable and non-inflationary growth respecting the environment, a high degree of convergence of economic performance, a high level of employment and of social protection, the raising of the standard of living and quality of life, and economic and social cohesion and solidarity among Member States.â
  
  
  [http://www.hri.org/docs/Rome57/Part3Title06.html#Art104c Article 104c] (from the Treaty of Rome) states "Member States shall avoid excessive government deficits" and sets out procedures for monitoring compliance and taking action if the requirement is breached.  [http://www.hri.org/docs/Rome57/Part3Title06.html#Art103 Article 103] states "Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council" and sets out procedures for such co-ordination. 
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  