Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-450-500"

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"en.20120911.32.2-450-500"2
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"I voted in favour of this resolution. A true economic and monetary union is the first step towards stronger political union, with greater democratic responsibility, as requested by Parliament in the Commission Work Programme for 2013, which was adopted on Tuesday. Initiatives focusing on growth and improved controls for the spending of EU funds at national level are amongst the specific proposals put forward by MEPs. MEPs decided in the resolution, which was adopted by a vote, that the Commission should ‘participate fully’ in the European summits in October and December, which aim to draw up a road map for the consolidation of the economic and monetary union. It aims to create a financial and fiscal framework and to guarantee greater democratic legitimacy. In order to achieve this, we call upon the Commission to publish, with immediate effect, a legislative proposal according to the ordinary legislative procedure in which Parliament is fully involved and transparency is guaranteed. This initial proposal should allow a true banking union to be put in place, with greater powers and responsibilities for the European Central Bank (ECB)."@en1

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