The draft own-initiative report by Hugues Bayet (S&D, Belgium) on the 'Annual Growth Survey' document that launches the European Semester budgetary process, which was adopted by the economic and financial affairs committee of the European Parliament on Wednesday 21 February, calls for increased democratic controls in the framework of the deepening of Economic and Monetary Union (EMU).
The text was very broadly supported (45 votes to 7 with one abstention), with the EPP, S&D, ALDE and...