Following the European Council's decision to organise the first ever Eurozone summit in October, the S&D Group requested a plenary debate to discuss the issues. The sheer fact that such a summit is happening should be 'recognised and valued' by the European Parliament with a proper preparatory debate, as is the case before European Councils (at least by those who are in favour of strengthening economic and monetary union (EMU) at political level).

Considering the importance of pursuing efforts to strengthen EMU democracy, it would be illogical for the Parliament not to get involved in this debate during the preparatory phase leading up to the summit.