Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-161-000"

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"− Today in plenary we voted on the joint motion for a resolution on the conclusions of the European Council meeting (8-9 December 2011) on a draft international agreement on a Fiscal Stability Union. According to the resolution, the new agreement should acknowledge the primacy of EU law over its provisions, and all measures to implement the agreement should be taken in accordance with the relevant procedures provided for in the EU Treaties. The agreement must be in conformity with EU law, in particular as regards the figures in the Stability and Growth Pact, and if contracting parties wish to commit to targets at variance with EU law, this must be done through the applicable EU legal procedures and must not give rise to double standards. Democratic accountability must be guaranteed by strengthening parliamentary involvement in all aspects of European economic coordination and governance. Cooperation between national parliaments and the European Parliament must take place in a manner consistent with the EU Treaties. The new agreement must enshrine, in legally binding form, a commitment by the contracting parties to take all necessary steps to ensure that the substance of the agreement is incorporated into the Treaty within five years."@en1

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