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known by its French acronym NACE (for nomenclature statistique des activités économiques), which had been adopted in 1969 to inform the OSCE's own work, was made compulsory in all member states by regulation adopted in October 1990. On , the Council of the European Communities established the Committee on Monetary, Financial and Balance-of-Payments Statistics (CMFB), thus laying a framework for the hitherto largely nonexistent cooperation between National Central Banks and Eurostat in the

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