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Glossary

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Democratic legitimacy

As outlined in the June 2012 paper "Towards a Genuine Economic and Monetary Union" (written through close co-ordination between the Presidents of the European Council, European Commission, Eurogroup and European Central Bank), moving towards more integrated economic and fiscal decision-making between countries will require strong democratic mechanisms to ensure legitimacy.

The close involvement of the European Parliament and national parliaments will be crucial in this process. Protocol 1 TFEU on the role of national parliaments in the EU offers an appropriate framework for inter-parliamentary co-operation.

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