Lib Dem MEPs call for Committee of Inquiry on Cyprus

 

Sharon Bowles MEPSenior UK Liberal Democrat MEP Sharon Bowles has called for a Parliamentary Committee of Inquiry should the European Parliament’s Economic and Monetary Affairs Committee (ECON) Hearing on 25 April not answer the many questions hanging over the Cyprus affair.

Sharon Bowles, who chairs the influential ECON Committee said:

“We will have an ECON Committee hearing on 25 April with the Troika and Mr Dijsselbloem, President of the Eurogroup to get to the bottom of the Cyprus bailout affair. If we find the answers insufficient the Liberal Group in the European Parliament will call for the immediate setting up of a Committee of Inquiry to report back at the latest before the summer recess.

“It is critical that we fully understand the events that led to the unfolding of such a disaster and why there have been misunderstandings and poor communication, given that these appear to have influenced the outcome.”

Ends

Note to editors:

For more information on the procedure of setting up a Committee of Inquiry, please see a blogpost from Lib Dem MEP Andrew Duff, the party’s European constitutional spokesperson.

http://andrewduff.blogactiv.eu/2013/04/09/a-committee-of-inquiry-into-the-handling-of-the-cyprus-bail-out/

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