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GUE/NGL calls for Parliament’s full involvement in review process for implementation of loan agreement

Dimitris Papadimoulois und Gabi Zimmer

Gabi Zimmer, President of the GUE/NGL Group in the European Parliament, and GUE/NGL MEP Dimitris Papadimoulis, Vice-President of the European Parliament, today sent a letter to the President of the European Parliament, Martin Schulz, underlining their full support for the direct and full engagement of the European Parliament in the review process for the implementation of the loan agreement between Greece and the European Stability Mechanism (ESM), as proposed by Greek PM Alexis Tsipras to President Schulz, on 19 August.

The European Parliament has repeatedly underlined the negative effects of the austerity programmes on the recovery and development of the national economies of countries in adjustment programmes. Up to now, the Parliament has been excluded or fully marginalised in the planning and decision-making process of programmes and their implementation, supervision and monitoring. 

Parliament’s involvement in the review process would constitute a step forward in democratising politics in the Eurozone. It would also be a challenge for the European Parliament itself in managing to strengthen a genuine dialogue within its instruments and to reinforce in a productive way its role in the EU institutional framework, being a guarantor of greater democratic legitimacy and of the full respect of the European Treaties and the community law.


GUE/NGL Press Contact:

Gay Kavanagh +32 473 84 23 20

European United Left / Nordic Green Left

European Parliamentary Group

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Konföderale Fraktion der Vereinten Europäischen Linken/Nordische Grüne Linke (GUE/NGL)