LORDS

Euro Area Crisis and the fiscal compact treaty

The EU Committee is conducting a short inquiry into the euro area crisis, and the 'fiscal compact' treaty proposed at the December European Council.

The inquiry will focus on the ongoing euro area crisis, the 9 December European Council meeting, and the proposal for a treaty between up to 26 EU member states on budgetary discipline and greater economic policy coordination in the eurozone.

The Committee has scheduled the following oral evidence sessions:

Tuesday 17 January, 4.10pm: The Rt Hon David Lidington MP, Minister for Europe

Monday 23 January:

4.10pm: Professor Paul Craig, St. John's College, Oxford, specialist in constitutional and administrative, and European Union Law;
5pm: Mr Giuliano Amato, former Prime Minister of Italy, and Vice President of the Convention on the Future of Europe, 2001-03.

Given the short timescale for the inquiry, the Committee has not issued a formal call for written evidence. However, interested individuals or organisations who wish to submit their views may do so by Monday 23 January 2012. Guidance on submitting evidence can be found here. The Committee Secretariat can provide further information.

The short inquiry will build on work done by its Sub-Commttee on Economic and Financial Affairs and International Trade in the latter part of 2011, and also on an evidence session on 29 November 2011 with Mr Charles Grant (Centre for European Reform) and Mr Edward Carr (Foreign Editor, The Economist).

It is expected that the Committee will publish a report by mid-February 2012.

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