It is also an excellent example of how the EU works: decisions are taking after a vigorous democratic debate, and a consensus is sought whereby the interests of all those involved are taken into account. My presentation is structured as follows: 1.
I will start by briefly describing the Governing Council and how, as a result of enlargement, it was considered necessary to reform its voting procedure. 2. Subsequently, I will analyse how the discussions in the Governing Council led to the approval of a dynamic rotation model and the utilisation of a composite indicator, made up of both an economic and a financial variable.