Leading MEPs rebuff eurozone parliament plan

At the European Council in June 2012 European Commission President José Manuel Barroso, along with European Council President Herman Van Rompuy, Eurogroup President Jean-Claude Juncker, and ECB President Mario Draghi presented an initial report 'Towards a Genuine Economic and Monetary Union', and were tasked with continuing their work.

The group of Presidents were expected to present a proposal for an economic and monetary union at the 18-19 October 2012 European Council.

One of the ideas that was said to be in the proposal was the possibility of creating a 'eurozone parliament', an idea which divided Members of the European Parliament.

• Primary Source

ESO: Background information: European Council, Brussels, 28-29 June 2012: Preview: EU could rewrite eurozone budgets http://www.europeansources.info/record/european-council-brussels-28-29-june-2012-preview-eu-could-rewrite-eurozone-budgets/

Blog: Social Europe Journal, 7.9.12: Do we need a Eurozone Parliament? http://www.social-europe.eu/2012/09/do-we-need-a-eurozone-parliament/

Blog: Social Europe Journal, 19.9.12: Why we need a Eurozone Parliament http://www.social-europe.eu/2012/09/why-we-need-a-eurozone-parliament/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+social-europe%2FwmyH+%28Social+Europe+Journal%29

EurActiv, 3.10.12: Parliament plans to play tough in EMU negotiations http://www.euractiv.com/future-eu/parliament-plans-play-tough-emu-news-515157

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