Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-155-000"
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"Labour MEPs supported the call for proper democratic oversight of those measures agreed by EU governments in response to the current Eurozone crisis. However, we do not support the ‘austerity only’ approach in the conclusions of the European Council of 8/9 December 2011 and we also need to see more action for jobs and growth. We therefore could not support the current right-wing council’s flawed economic approach being integrated into the EU Treaties. The most appropriate and democratic method to tackle the crisis is through legislation under the existing EU Treaties. It is clear that any measures concerning European Monetary Union under the EU Treaties will apply only to the eurozone and those countries opting in. We insist that any proposals put forward by the European Commission should undergo scrutiny by the European Parliament and would only support measures that are well designed and in the interests of British and EU citizens."@en1
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