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The EESC takes note of the Five Presidents' Report of 22 June 2015 to the European Council on Completing Europe's Economic and Monetary Union and it expects that it will serve as a basis for more decisive action, as indicated above17.

  1. Consolidating civil participation, democracy and accountability: the way forward

    1. The citizen should be at the centre of the entire debate on the future of the EU. Democracy and accountability are fundamental concepts for European citizenship. In order to implement these principles, a key role has to be played by the European Commission, which is the guardian of the Treaties. The Commission, as the institution which has the monopoly of legislative initiative, also plays a pivotal role of balancing the various forces and interests that make up the EU. This balancing act must be carried out in parallel with the more effective implementation of the principles of subsidiarity and proportionality, in pursuit of more democratic and participatory governance of the EU.

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