Parliament is working on a report putting forward proposals to build “a fiscal capacity for the euro zone”, drafted by Reimer Böge (EPP, DE) for the Budgets Committee and Pervenche Berès (S&D, FR) for Economic and Monetary Affairs Committee.
The report will be Parliament’s contribution to the White paper on the completion of the Economic and Monetary Union, which the Commission is expected to present in 2017. In the post-Brexit context, it is likely to call for ambitious proposals to make the euro area more resilient to shocks, foster growth and restore trust.
The results of the debate will feed into the compromises currently being prepared with a view to approving the report in the committees 26 September and by Parliament as a whole at the October II plenary session.
REF. : 20160711IPR36760