Procedure completed
Role | Committee | Rapporteur | Shadows |
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Lead | ECON | BERÈS Pervenche (PSE) | |
Opinion | JURI |
Legal Basis EC Treaty (after Amsterdam) EC 308
Activites
- 2006/04/28 Final act published in Official Journal
- #2722
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2006/04/10
Council Meeting
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2006/04/10
End of procedure in Parliament
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2006/04/10
Act adopted by Council after consultation of Parliament
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2006/02/14
Results of vote in Parliament
- Results of vote in Parliament
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T6-0048/2006
summary
The European Parliament adopted a resolution drafted by Pervenche BERÈS (PES, FR), and approved the Commission’s proposal.
- 2006/01/27 Committee report tabled for plenary, 1st reading/single reading
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2006/01/24
Vote in committee, 1st reading/single reading
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2006/01/19
Committee referral announced in Parliament, 1st reading/single reading
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2005/11/30
Legislative proposal published
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COM(2005)0611
summary
PURPOSE : to repeal Council Regulation 3181/78/EEC and Council Regulation 1736/79/EEC in the area of Monetary Policy. PROPOSED ACT : Council RegulationCONTENT : Council Regulation 3181/78/EEC relating to the European monetary system gives the European Monetary Co-operation Fund (EMCF) the power to receive reserves from Member States and to issue ECUs. The tasks of EMCF were taken over by EMI and subsequently ECB and the EMCF was dissolved. Therefore, this Regulation is not relevant anymore.Council Regulation 1736/79/EEC on interest subsidies for certain loans granted under the European monetary system states that the Community should during a five-year period from its date of application, grant interest subsidies on certaintypes of loans (EIB loans to finance investments in less prosperous Member States, inter alia in infrastructure). This time period of five years, which was not extended, has come to an end in 1984. Furthermore, according to Article 1 of this Regulation, a Member State had to participate in the Exchange rate mechanisms of the European monetary system to benefit from the subsidies. This condition suggests also that the Regulation is no longer applicable. Those NIC loans granted by the EIB which benefited from this interest subsidy have in the meantime been repaid. Therefore, this Regulation is not relevant anymore.Accordingly, Council Regulations 3181/78/EEC and 1736/79/EEC have become obsolete and should be proposed for abrogation.
- DG [{'url': 'http://ec.europa.eu/dgs/economy_finance/index_en.htm', 'title': 'Economic and Financial Affairs'}],
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COM(2005)0611
summary
Documents
- Legislative proposal published: COM(2005)0611
- Committee report tabled for plenary, 1st reading/single reading: A6-0010/2006
- Results of vote in Parliament: Results of vote in Parliament
- Decision by Parliament, 1st reading/single reading: T6-0048/2006
- : Regulation 2006/640
- : OJ L 115 28.04.2006, p. 0001-0001
History
(these mark the time of scraping, not the official date of the change)
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