This political dimension precluded the Finnish participation at the time. But the enlargement negotiations failed twice in 1963 and 1967, mainly due to the ¨Non!¨ to British membership by French president de Gaulle.
For other measures, the situation has improved sufficiently for Governing Council to initiate the gradual process of withdrawal. The cornerstone of the exit strategy is the ECB primary objective of price stability in the medium term. This has guided the introduction of enhanced credit support and will govern the process of withdrawal.