The euro crisis is far from over, and the European Commission has committed to putting forward proposals for the deepening of Economic and Monetary Union. It is crucial to ensure that this goes hand in hand with greater democratic legitimacy on the decisions that affect every euro in our pockets. Previous reforms have merely paid lip-service to transparency and accountability, confining the discussion of the real trade-offs to political haggling behind closed doors, rather than implementation of EU law.
If economic governance rules cannot be implemented, they should be changed. If economic institutions cannot govern in an open and accountable way, they should be reformed. This will remain a priority for the EU in general and the Eurozone in particular, including for Transparency International EU.
For further details on our work on EU economic governance: