COSAC focuses on achievements and future of the euro

Today and tomorrow, Deputy Chair of the European Union Affairs Committee of the Riigikogu (Parliament of Estonia) Raimond Kaljulaid attends the Meeting of Chairpersons of the Conference of Parliamentary Committees for Union Affairs of the Parliaments of the European Union (COSAC) in Paris, France. The main topic of discussion at the meeting will be the achievements and the future of the euro.

“The debate on the achievements and the future of the euro is inspired by the 20th anniversary of the single currency,” Kaljulaid said. “At the meeting, the representatives of the European Union Affairs Committees will have the possibility to present their assessment of the euro in the context of their countries, the euro area and the European Union, and also discuss if the euro area should move today towards greater coordination of the economic policies of its members. Improving of parliamentary control of the functioning of the euro area and strengthening the international role of the euro will be spoken about as well,” the Deputy Chairman added.

The members of national parliaments will also hear about the priorities of the French Presidency and discuss new working methods within COSAC, in particular the creation of new working groups so that the members of national parliaments would have the possibility for more in-depth debate on important issues.

COSAC is a cooperation format that brings together the Committees for Union Affairs of the national parliaments of the 27 Member States of the European Union.