I have observed, on the other hand, that in the domain of fiscal policies, there is a slight difference of culture, if I may very cautiously suggest, between the UK and continental Europe. It’s always been state of the art in continental Europe that the central bank makes an assessment on the fiscal policies and calls for fiscal soundness.
BIS Review 20/2007  3  3.2  The SADC region  Within the SADC region, the movement towards monetary integration and eventual union is guided by the Committee of Central Bank Governors (CCBG) which has pledged support for the AMCP.