Brussels, 03/07/2012 (Agence Europe) - MEPs certainly have the bit between their teeth: their president, directly elected by universal suffrage, should be entitled to attend European Council meetings. They argue that this is a matter of democratic legitimacy at the very moment when the future of the economic and monetary union (EMU) is under debate. The European Parliament, they say, would be better placed than national governments, whose eyes are firmly on their own domestic issues, to propose ideas that could bring a solution to the sovereign debt crisis. Indeed - as several political group leaders pointed out in the plenary session debate on Tuesday 3 July on the outcome of the European Council - had the decision taken by the 17 eurozone members at their last meeting (see EUROPE 10645) to grant a single supervisor oversight of all eurozone banks not been suggested two years ago by the European Parliament? (MB/transl.rt)