Growth initiatives and better controls on national spending of EU funds are among several specific proposals put forward by MEPs.
The Commission should play "a full part" in the EU summits of October and December, where a roadmap for a stronger economic union should be agreed, Members say in a joint resolution. The aim should be to create a financial and fiscal policy framework and ensure greater democratic legitimacy, it adds.
More powers for the ECB
To achieve this outcome, MEPs want the Commission immediately to propose legislation under the ordinary procedure, which involves Parliament fully and guarantees transparency. The first proposal should address the need for a genuine banking union, with increased supervisory powers for the European Central Bank (ECB).
More EU project bonds
With the help of the European Investment Bank, the scope and use of the European project bonds, so far introduced only as a pilot project, should be broadened, Members say, calling on the Commission to table a "detailed growth agenda" . This should also include a strategy to fight energy price rises and their impact on citizens.
Better control on EU spending
Compulsory "national management declarations" should be introduced, MEPs say, to ensure compliance with EU spending rules, backed up by independent evaluations of all EU-financed projects.
The resolution was adopted by a show of hands. The Commission will draft its work programme in the coming weeks. Please see the approved resolution for the full list of proposals.
Press release
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