Debate on economic governance legislation
MEPs are set to debate the review of the economic governance legislation, also known as the “Six-pack” (stability and growth pact and macroeconomic surveillance) and “Two-pack” (excessive deficit and financial stability), with the Commission and Council on Tuesday morning.
Commissioner Pierre Moscovici underlined to the Economic and Monetary Affairs Committee on 2 December that experience with this relatively new legislation is limited and that the Commission sees the review document as the start of dialogue and debate on the appropriate way forward in the coming months.
MEPs are expected to urge the Commission to not to make special concessions to individual countries when applying the excessive debt procedure and are also likely to ask for clear criteria for treating countries differently.
Procedure: Commission statement (without resolution)
Debate: Tuesday, 16 December