Labour calls for House debate on euro crisis
Opposition proposes debate without vote on the eurozone situation before summer recess.
Labour’s shadow ministers for finance and economy, Karmenu Vella and Charles Mangion have written to finance minister Tonio Fenech to hold a debate in the House of Representatives on the current eurozone crisis.
After the €120 billion Greek bailout, new concerns are now spreading on the contagion of the crisis through Italy. Eurozone finance ministers said they were ready to pass new measures to stop the crisis spreading. The concern is that Italy and Spain may have to follow Greece, Portugal and the Republic of Ireland and seek a European Union and International Monetary Fund (IMF) bail-out.
The Labour MPs said they already held an informal meeting with Fenech two weeks ago.
“We think a comprehensive debate on this situation in the Maltese parliament and how it might develop in the future as well as its effects on our country. Taxpayers must be made aware of government’s outlook especially because of the perspective it enjoys within the Council of Ministers and other EU and eurozone organs.”
The MPs said the debate should clarify the government’s position on several matters, and to be transparent on the way public funds and other guarantees binding the country, have been used.
The Opposition is proposing that before the summer recess, parliament holds a debate without vote on the eurozone situation. The proposal will be presented today by te Opposition in the House Business Committee.


