What happened in the committee vote? 

 
 

On the day of the vote, the Socialist group asked for a postponement of the vote scheduled for 14 May. The group's MEPs argued that the very recent changes in the EU's political landscape, notably the Presidential election in France and the legislative elections in Greece, required a return to the drawing board to review certain provisions of the "two pack", so as to reflect these political changes.


However, it was decided by a very narrow majority (21 in favour, 19 against, 3 abstentions) that the vote should go ahead and subsequently the two texts were adopted as follows:


  • extra Commission powers for national budget monitoring and correcting excessive deficits of Eurozone Member States (Rapporteur Elisa Ferreira (S&D, PT)): 18 in favour, 12 against, 14 abstentions, and


  • extra Commission powers to monitor the national budgets of Eurozone Member States with serious financial stability problems (Rapporteur Jean-Paul Gauzès (EPP, FR)): 25 in favour, 4 against, 13 abstentions.


Product information 

Ref.:  20120607BKG46436