Parliament President Philippos Petsalnikos represented the Greek Parliament at the Conference of the Speakers of the EU parliaments held on Monday and Tuesday in Brussels. The topic of the meeting was on the "Financial crisis and the 'European Semester'".

In statements, Petsalnikos underlined the need for democratic transparency and Parliamentary control over decisions taken for the economy, calling for closer cooperation between national parliaments and the European Parliament when drawing up national budgets and medium-term economic convergence programmes.

Petsalnikos said national parliaments should be briefed in detail on the planning of national budgets before these were approved by Community agencies so that there were no surprises when decisions were made by national and European institutions.