Towards a genuine Economic and Monetary Union: Extracts from Report by Marianne THYSSEN
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Event date 20/11/2012
Duration 04:59
Reference 87909
Background Members of the European Parliament discussed guiding principles for a future Economic and Monetary Union (EMU) and adopted a resolution stating that powers transferred to the EU level to strengthen economic and monetary union, must be matched by enhanced accountability. The resolution also stresses that although full EMU will need treaty changes, progress can already be made within the current setup. Finally, to address employment concerns, EMU members should adopt a "social pact", it adds.

The resolution, drafted by Marianne Thyssen (EPP, BE), will feed into EMU preparatory work being done by the presidents of the European Parliament, the European Council, the European Commission, the European Central Bank, and the Eurogroup, who are due to deliver an EMU "roadmap" in December.

Press release: Accountability is vital to future Economic and Monetary Union, say MEPs
Production format Pre-edited
Format 16:9
Copyright © European Union, 2012
Filename Iebs87909[Lo-VI].mp4
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