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We need a Eurozone Parliament


The Eurozone is clearly the most important achievement in European integration and it requires enhanced governance and decision-making that could only happen if the entire current EU institutional balance is put into question. Of the ten countries outside of the EMU, Lithuania is entering in 2015 and Poland will be next. What a better moment to build a set of institutions from scratch, and including a new Parliament? After all, the ECB is already there and the Eurozone Council – the Eurosummit – already exists; so why not a democratically elected chamber that legitimizes the two other existing institutions?

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