Parliament's role in anti-crisis decision-making

17-12-2012

The EU's response to the financial and economic crisis has been characterised by the prominent role of the European Council. Moreover, a number of anti-crisis instruments have been adopted outside the EU framework in order to overcome political and legal hurdles and to speed up negotiations. The EP has played a very limited role in the development of agreements adopted outside the EU framework, but it does have some involvement in the implementation of these instruments, although usually merely through a right to being informed.

The EU's response to the financial and economic crisis has been characterised by the prominent role of the European Council. Moreover, a number of anti-crisis instruments have been adopted outside the EU framework in order to overcome political and legal hurdles and to speed up negotiations. The EP has played a very limited role in the development of agreements adopted outside the EU framework, but it does have some involvement in the implementation of these instruments, although usually merely through a right to being informed.