Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-314-500"

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"en.20120913.29.4-314-500"2
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"In favour. We reiterate that, in moments of crisis, the Community method must always prevail, because this is the only way of ensuring that the Union is able to come out of the crisis stronger. We urge political leaders to encourage democratic legitimacy in all European Union affairs. We stress the need to enhance democratic legitimacy with regard to the proposed banking union and single supervisory mechanism by fully involving Parliament as colegislator. We stress the need to give due consideration to the potential mutual spillover effects of the banking union in the euro area for non-euro area members. We stress that we will consider proposals on the banking union as a package in the event that they amend legislation adopted through the codecision procedure. We stress that any major change in supervision, including shifts to other institutions, must be accompanied by an equivalent increase in transparency and accountability of such institutions vis-à-vis Parliament, which must have full questioning rights and full powers in relation to appointment and budgetary procedures."@en1
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