Last year, the European Union passed an important set of legislative instruments, known colloquially as the 'six pack'. The six pack amounts to a fundamental overhaul of economic governance in the EU. Stricter and more automatic sanctions will now apply to member states who fail to maintain budgetary discipline. In addition, a new system is in place for scrutinising national economies and policy decisions, in an attempt to avoid the dangerous imbalances (such as existed in some property markets and financial sectors) that contributed to the current crisis.
The six pack was subject to a lot of negotiation between the Commission, national ministers and MEPs in the European Parliament. Our latest video infographic explains how this package of laws came into being, illuminating the process of EU law-making in the process.
May be a simple question, but if the initiave comes from the Euopean Parlement and not from the EC? I thought that the EC was executing what Parlement was proposing, in this sense, the EC was mainly executing and EP creating ?... and where is the European social and economic committee in all this ?
Thx you for the feedback
latiNz 1 month ago
Thanks for the clear and simplified explanation; looking forward to travelling in Ireland.
inewigkeit 1 month ago