Activites

• 1995/10/27 Final act published in Official Journal
  • Regulation 1995/2494
  • OJ L 257 27.10.1995, p. 0001
• #1874
• 1995/10/23 Council Meeting
• 1995/10/23 End of procedure in Parliament
• 1995/10/23 Act adopted by Council after consultation of Parliament
• 1995/07/14 Decision by Parliament, 1st reading/single reading
  • T4-0379/1995 summary

    The European Parliament approved the proposal for a regulation with the following amendments: - in respect of commitology, Parliament made reference to the interinstitutional "modus vivendi" in a new recital. It also asked to be included at parity with the Council in the measures to be taken on the basis of the regulation, in cases where the statistical programme committee expressed an opinion against the measures proposed by the Commission; - the Commission was called on to ensure total transparency in respect of the consequences which the addition or removal of elements of the harmonized system of consumer price indices might have on national price indices. Parliament also pointed out that while it was willing to accept the legal basis of the proposed Article 213, it would oppose any attempt to base this regulation on Article 235, and that in this case it would call for Article 100 A to be applied. �

• 1995/07/13 Debate in Parliament
  • Debate in Parliament summary

    According to Mrs LULLING (EPP, L), in order to measure the inflationist temperature it was essential to create a unique ‘thermometer’ by way of harmonised consumer price indices. This Regulation was therefore a framework law within which detailed rules could be laid down in the form of a regulation by the Commission. In spite of the fact that this Regulation went outside the qualified majority procedure, for which there was the ‘modus vivendi’ with the Council and the Commission, Parliament wanted to be more closely involved in this decision-making stage. Commissioner BRITTAN pointed out that the timetable for EMU provided for an initial stage of consumer price harmonisation in 1996. As regards the legal basis, the Commission considered that Article 213 of the Treaty was adequate and appropriate. Therefore, as Article 213 did not imply the codecision procedure provided for in ex-Article 189b, the Commission could not take over the amendments on the legal basis. The remaining six amendments could not be taken over as they were redundant or unimportant in relation to this Regulation.

• #1863
• 1995/07/10 Council Meeting
• #1856
• 1995/06/19 Council Meeting
  • 1856 summary

    The Council noted that there was broad agreement on the draft, although certain aspects had yet to be finalised to enable the Regulation to be adopted at its next meeting, after receipt of the European Parliament’s opinion. The Regulation is needed in order to assess, on a uniform statistical basis, the progress made by Member States in fulfilling their obligations regarding the achievement of a high degree of price stability, which is an important criterion in the process of achieving EMU.

• 1995/05/15 Vote in committee, 1st reading/single reading
  • A4-0114/1995
• 1995/04/03 Committee referral announced in Parliament, 1st reading/single reading
• 1995/01/09 Legislative proposal published
  • COM(1994)0674 summary

    The draft regulation seeks to create a framework for developing and establishing comparable consumer price indices (CPI) between the Member States, in order to provide a comparable assessment of inflation with a view to completing economic and monetary union. Guidelines for establishing national harmonized consumer price indices (HCPI) are established within the framework of the Regulation and proposals are drawn up as regards the establishment of a Community index based on the HCPI of the Member States. The Regulation deals with the actual price of goods and services offered for sale in the economic territory of the Member State with a view to meeting consumer demand directly, and with the corresponding quantities which are actually purchased to this end. The measures needed for producing comparable consumer price indices are to be applied in three phases: - Phase 1 (March 1996): the Commission (Eurostat) will draw up, in collaboration with the Member States, a provisional series of consumer price indices for each Member State; - Phase 2 (January 1997): date of entry into force of the HCPI, which will provide estimates of price variations over a common index reference period; - Phase 3 (January 1998): implementation of the entire regulation. �

Documents

• Legislative proposal published: COM(1994)0674
• Committee report tabled for plenary, 1st reading/single reading: A4-0114/1995
• Debate in Council: 1856
• Debate in Parliament: Debate in Parliament
• Decision by Parliament, 1st reading/single reading: T4-0379/1995
• : Regulation 1995/2494
• : OJ L 257 27.10.1995, p. 0001

History

(these mark the time of scraping, not the official date of the change)