Economic Governance package: Statements by the Rapporteurs
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Event date 28/09/2011
Duration 04:12
Reference 80008
Background Parliament has voted on the economic governance "six-pack", which aims to prevent Eurozone members from simply ignoring Commission warnings to correct their budgetary policies and make them tackle economic imbalances more promptly. The package should enhance overall transparency and accountability, and would also improve the quality and accuracy of statistics. The deal also includes other improvements sought by European Parliament negotiators, such as EP hearings of finance ministers, new sanctions (a fine in cases of statistical fraud), empowering the Commission to carry out on-the-spot checks in Member States, and a commitment to look into Eurobonds.

Press release: Parliament gives green light to future economic governance plans

For more information on economic governance package go to: Economic governance package explained
Production format Pre-edited
Format 16:9
Copyright © European Union, 2011
Filename Iebs80008[Lo-VI].mp4
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