Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-428-687"
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"en.20121120.28.2-428-687"2
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By strengthening economic and monetary union we can tackle the economic and monetary crises that have hit the EU, damaging society and industry, with a more forceful and more coherent approach. This means giving the EU greater powers, which in turn means new obligations for the EU and Member States. In a society based on trust, democracy requires transparent decisions and information to be given to the European public, as well as greater integration. The inevitable back and forth between the EU and Member States is one of the EU’s most important democratic tools and it is important to involve national parliaments so that they can see the impact of their decisions at European level. It is equally important that the European Parliament is more closely involved in the implementation of economic and monetary policy. That is why the single supervisory mechanism and the Chair of the European Stability Mechanism must be accountable to the European Parliament. This will give them greater legitimacy, not only in Europe but also in the international arena, where the balance of power means it is even more important. The treaties already provide for major reforms, particularly in the area of European democracy. Why wait any longer?"@en1
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