The LCPS, in cooperation with the Konrad Adenauer Foundation (KAF), organized a workshop on "Fiscal Adjustment to the Euro-Med Challenge" on December 11, 1998. The workshop featured presentations on the status of the Euro-Med negotiations, and the potential fiscal impacts of the Euro-Med negotiations on the economic and social sectors.

Held at the Commodore hotel, the conference participants included Dr. Nasser Saidi, Minister of Economy, Trade, and Industry; Mr. Peter Wittig; the German ambassador; and Mr. Dimitris Kourkoulas, the Head of the European Union delegation. The conference brought together representatives of the Swedish, French, and Italian embassies; public officials from the ministries of finance, economy and trade and foreign affairs; academics; officials from international organizations (UNDP, ESCWA); bankers; and the media.

LCPS published the proceedings of the workshop in a book entitled: “The Euro-Mediterranean Partnership: Fiscal Challenges and Opportunities”.