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In the first of these discussions we will be considering the appropriate macro-economic policies for the Euro zone and the European Union in general. Some critics of the proposed Fiscal Pact have claimed that its focus is exclusively on the reduction of public debt at the cost of economic growth. The Pact's supporters argue that sound public finances are a pre-condition for the economic confidence and stability that are necessary to generate long term growth based on economic reform. These differing views will form the substance of our discussion on 23rd February.