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Document selected : B7-0406/2012

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PV 04/07/2012 - 7.15

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to wind up the debate on statements by the Council and the Commission

pursuant to Rule 110(2) of the Rules of Procedure

on the conclusions of the European Council meeting (28-29 June 2012) (2011/2923(RSP))

Joseph Daul, Corien Wortmann-Kool, Marian-Jean Marinescu on behalf of the PPE Group

European Parliament resolution on the conclusions of the European Council meeting (28-29 June 2012) (2011/2923(RSP))  

The European Parliament,

–   having regard to the Conclusions of the European Council of 28 and 29 June 2012 as well as the statement of the Euro Area Summit,

–   having regard to Rule 110(2) of its Rules of Procedure,

A. whereas the European Council has demonstrated its commitment to short term but also medium to long term measures which will restore trust and foster growth and competitiveness;

1.  Welcomes the package of growth measures as endorsed by the European Council; lauds the determination of all institutions, Commission, Council and Parliament to clearly focus on fostering growth, jobs and competitiveness; demands that this priority be honoured in all work on legislative proposals in the coming months; welcomes the mobilisation of 120 billion Euro to boost the financing of the economy; asks that this financing be directed in particular to SMEs;

2.  Welcomes the endorsement of the Country Specific Recommendations by the European Council and appeals to Member States to fully live up to their commitments in this respect and put in place the necessary structural reforms to further restore their credibility and competitiveness;

3.  Welcomes the Statement of the Euro Area Summit of 29 June which sends a strong signal of the Euro areas determination to take the necessary steps to overcome the crisis and restore credibility;

4.  Welcomes the Euro Area Summit statement that flexible and efficient use could be made of the existing EFSF/ESM instruments for Member States respecting their Country Specific Recommendations and their other commitments including the European Semester and the Stability and Growth Pact; underlines that this coupling of increased flexibility with conditionality will enhance the EU’s efforts to stabilise the Euro area;

5.  Asks for swift action in establishing a Single Supervisory Mechanism for banks; reminds the Council that the European Parliament had already advocated such an approach several months ago; supports the general line that once an effective single supervisory mechanism is established the ESM could in certain circumstances and under certain conditions recapitalise banks;

6.  Welcomes that the President of the European Council together with the Presidents of the Commission, the Euro Group and the European Central Bank was invited to develop a time-bound roadmap for genuine Economic and Monetary Union (EMU); regards the draft proposal by President Van Rompuy and the three other Presidents as a good starting point for the negotiations and process towards a sound and genuine EMU; calls for concrete decisions to be taken by the end of this year; insists that any closer integration in this field must preserve the unity and integrity of the Single Market;

7.  Underlines that in the light of the recent development the democratic elements on European and national level must be strengthened in order to ensure democratic legitimacy by strengthening the European Parliament and national Parliaments on their respective levels and by cooperation on the basis of Protocol 1 of the Treaty of Lisbon;

8.  Welcomes the statement of the Heads of State and Government on reinforcing Single Market governance; strongly supports the Commission in its assessment of the state of the Single Market and calls for action as regards the full realisation of the Single Market; reminds that Member States must commit themselves to implement and enforce all Single Market legislation in place in a clear roadmap foreseeing concrete deadlines; regards this as an essential EU contribution to growth as better implementation of the Services Directive alone would bring economic gains of 350 billion Euro;

9.  Welcomes the European Council’s determination to combat youth unemployment but asks for more ambition in tackling this depressing problem; suggests therefore to agree on binding targets and measures in the areas of youth mobility (Youth on the Move) and language skills as well as encourage youth entrepreneurship through simplifying and supporting start-up procedures and financing; the Youth Opportunities Initiative (YOI) on stronger cooperation between the EU and the Member States for defining and implementing measures tackling youth unemployment must be implemented as soon as possible with a clear and binding timetable;

10. Welcomes the European Council’s statement on regulatory burdens, but calls for clearer and ambitious targets; suggests that Member States and the EU cut bureaucratic burdens by 25% by 2015;

11. Notes that no tangible progress has been achieved at the June European Council with a view to striking an agreement on the next MFF 2014-2020; urges the Cypriot Presidency to step up its efforts on this dossier with a full involvement of the European Parliament in the MFF negotiations; reiterates its conviction that an agreement both on the revenue and the expenditure side of the MFF, which should correspond to the actual needs and ambitions of the Union for the next period, would need to be reached by the end of this year;

12. Notes that the European Council calls for the Negotiating Box to be further developed during the Cypriot Presidency; reiterates its strong position that many elements of the current negotiating box should be decided under the ordinary legislative procedure and must not be part of an overall MFF deal; warns the Council that it will not be bound by any agreement on these points reached at the European Council level while taking a decision on the MFF;

13. Stresses that the SURE report remains to date the only mandate of the European Parliament for the MFF negotiations; informs the Council that an Interim Report, to which all parliamentary committees concerned will contribute by means of an Opinion, will be adopted in due time setting out its red lines and conditions on the basis of which Parliament will give its consent to the MFF Regulation, as will be proposed by Council;

14. Instructs its President to forward this resolution to the European Commission and the European Council.

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