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2005/2048(INI) European Central Bank ECB. 2004 annual report

Progress: Procedure rejected

RoleCommitteeRapporteurShadows
Lead ECON LAUK Kurt Joachim (icon: PPE-DE PPE-DE)
Lead committee dossier:
Legal Basis:
RoP 54

Events

2005/07/05
   EP - Decision by Parliament
2005/07/04
   EP - Debate in Parliament
Documents
Debate in Parliament
2005/06/20
   EP - Committee report tabled for plenary, single reading
Documents
A6-0203/2005
2005/06/20
   EP - Committee report tabled for plenary
Documents
A6-0203/2005
2005/06/15
   EP - Vote in committee
Details

The committee adopted the own-initiative report drawn up by Kurt LAUK ( EPP-ED , DE ) in response to the European Central Bank's annual report for 2004.

MEPs said that the ECB reacted correctly to economic and financial developments in 2004, while stressing that it should continue to be vigilant as to oil prices, residential property prices and to "the still prevailing excess liquidity". They praised the ECB's policy of "concentrating on its prime objective of maintaining price stability and, thereby, contributing to achieving sustained economic growth." The committee said that the relative economic weakness of the euro area was the result of a lack of structural reforms and the fact that fewer hours were worked in Europe than in other parts of the world.

The report welcomed the fact that the ECB had fully complied with the transparency provisions of the Treaty vis-à-vis the public and Parliament. The committee believed that the monetary dialogue between Parliament and the ECB had been a success. On the other hand, it urged the ECB to consider the possibility of publishing summary minutes, and called for the publication of a regional and cross-border review of trends similar to the US Federal Reserve's 'Beige Book'.

The committee confirmed its view that the ECB should exercise prudential supervision on the banking activities of the European Investment Bank. It also urged the ECB to remain very alert to the counterfeiting of euro notes and coins, as the volume of counterfeits increased by 7.8 % compared with 2003.

2005/05/31
   EP - Amendments tabled in committee
Documents
PE357.970
2005/05/12
   EP - Committee referral announced in Parliament
2005/03/07
   EP - LAUK Kurt Joachim (PPE-DE) appointed as rapporteur in ECON

Documents

Votes

Rapport Lauk A6-0203/2005 - am. 11 #

2005/07/05 Outcome: -: 350, +: 223, 0: 49
EL FR PT AT ES EE CY MT LU SE DK BE HU FI LV SI NL SK IE LT CZ DE IT PL GB
Total
22
68
19
17
48
5
6
4
4
15
11
19
20
13
9
7
24
13
10
12
21
80
54
49
72
icon: PSE PSE
179

Greece PSE

8

France PSE

26

Portugal PSE

11

Austria PSE

7

Spain PSE

21

Estonia PSE

3

Malta PSE

2

Luxembourg PSE

For (1)

Robert GOEBBELS
1

Sweden PSE

5

Denmark PSE

4

Belgium PSE

5

Hungary PSE

8

Finland PSE

3

Slovenia PSE

For (1)

Borut PAHOR
1

Netherlands PSE

6

Slovakia PSE

3

Ireland PSE

1

Lithuania PSE

2

Czechia PSE

2

Germany PSE

Abstain (1)

Klaus HÄNSCH
19

Italy PSE

13

Poland PSE

Abstain (1)

Dariusz ROSATI
10

United Kingdom PSE

18
icon: Verts/ALE Verts/ALE
36

France Verts/ALE

5

Austria Verts/ALE

2

Spain Verts/ALE

3

Luxembourg Verts/ALE

For (1)

Claude TURMES
1

Sweden Verts/ALE

For (1)

Carl SCHLYTER
1

Belgium Verts/ALE

For (1)

Bart STAES
1

Finland Verts/ALE

For (1)

Satu HASSI
1

Latvia Verts/ALE

1

Netherlands Verts/ALE

Against (1)

Joost LAGENDIJK

Abstain (1)

Paul van BUITENEN
3

Germany Verts/ALE

12

Italy Verts/ALE

Against (1)

Monica FRASSONI
2

United Kingdom Verts/ALE

Abstain (1)

Caroline LUCAS
4
icon: GUE/NGL GUE/NGL
32

Greece GUE/NGL

2

France GUE/NGL

3

Portugal GUE/NGL

2

Spain GUE/NGL

Abstain (1)

Willy MEYER
1

Cyprus GUE/NGL

2

Sweden GUE/NGL

2

Finland GUE/NGL

Abstain (1)

Esko SEPPÄNEN
1

Netherlands GUE/NGL

For (1)

Erik MEIJER
2

Czechia GUE/NGL

5

Germany GUE/NGL

6

Italy GUE/NGL

5

United Kingdom GUE/NGL

Abstain (1)

Bairbre de BRÚN
1
icon: NI NI
23

France NI

6

Austria NI

2

Belgium NI

3

Slovakia NI

Against (1)

Peter BACO

Abstain (1)

Irena BELOHORSKÁ
2

Czechia NI

Against (1)

Jana BOBOŠÍKOVÁ
1

Italy NI

Against (1)

Alessandra MUSSOLINI
2

Poland NI

4

United Kingdom NI

3
icon: UEN UEN
22

Denmark UEN

Against (1)

Mogens CAMRE
1

Latvia UEN

4

Ireland UEN

3

Lithuania UEN

2

Italy UEN

6

Poland UEN

6
icon: IND/DEM IND/DEM
27

Greece IND/DEM

Against (1)

Georgios KARATZAFERIS
1

France IND/DEM

Abstain (1)

Paul Marie COÛTEAUX
1

Denmark IND/DEM

Against (1)

Jens-Peter BONDE
1

Netherlands IND/DEM

2

Ireland IND/DEM

Against (1)

Kathy SINNOTT
1

Czechia IND/DEM

Against (1)

Vladimír ŽELEZNÝ
1

Italy IND/DEM

3

Poland IND/DEM

7

United Kingdom IND/DEM

10
icon: ALDE ALDE
75

France ALDE

10

Spain ALDE

2

Estonia ALDE

Against (2)

Siiri OVIIR, Toomas SAVI
2

Cyprus ALDE

Against (1)

Marios MATSAKIS
1

Sweden ALDE

2

Denmark ALDE

4

Belgium ALDE

5

Hungary ALDE

Against (1)

István SZENT-IVÁNYI
1

Finland ALDE

4

Latvia ALDE

Against (1)

Georgs ANDREJEVS
1

Slovenia ALDE

2

Netherlands ALDE

5

Ireland ALDE

Against (1)

Marian HARKIN
1

Lithuania ALDE

6

Germany ALDE

5

Italy ALDE

Abstain (1)

Giulietto CHIESA
11

Poland ALDE

4

United Kingdom ALDE

9
icon: PPE-DE PPE-DE
228

Greece PPE-DE

11

France PPE-DE

17

Portugal PPE-DE

6

Austria PPE-DE

6

Spain PPE-DE

21

Cyprus PPE-DE

Against (1)

Panayiotis DEMETRIOU
3

Malta PPE-DE

Against (2)

David CASA, Simon BUSUTTIL
2

Luxembourg PPE-DE

2

Sweden PPE-DE

5

Denmark PPE-DE

Against (1)

Gitte SEEBERG
1

Belgium PPE-DE

5

Hungary PPE-DE

11

Finland PPE-DE

4

Latvia PPE-DE

For (1)

Rihards PĪKS
3

Slovenia PPE-DE

4

Netherlands PPE-DE

6

Slovakia PPE-DE

8

Ireland PPE-DE

4

Lithuania PPE-DE

2

Czechia PPE-DE

12

Germany PPE-DE

38

Italy PPE-DE

12

Poland PPE-DE

18

United Kingdom PPE-DE

27

History

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

2023-08-03Show (2) Changes | Timetravel
docs/0/docs/0/url
https://www.europarl.europa.eu/doceo/document/ECON-AM-357970_EN.html
docs/1
date
2005-06-01T00:00:00
docs
title: PE357.791
type
Committee draft report
body
EP
2021-12-18Show (9) Changes | Timetravel
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/A-6-2005-0203_EN.html
New
https://www.europarl.europa.eu/doceo/document/A-6-2005-0203_EN.html
events/0/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament
events/1/type
Old
Vote in committee, 1st reading/single reading
New
Vote in committee
events/2
date
2005-06-20T00:00:00
type
Committee report tabled for plenary
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/A-6-2005-0203_EN.html title: A6-0203/2005
events/2
date
2005-06-20T00:00:00
type
Committee report tabled for plenary, single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/A-6-2005-0203_EN.html title: A6-0203/2005
events/3/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20050704&type=CRE
New
https://www.europarl.europa.eu/doceo/document/EN&reference=20050704&type=CRE
events/4/type
Old
Decision by Parliament, 1st reading/single reading
New
Decision by Parliament
procedure/legal_basis/0
Rules of Procedure EP 54
procedure/legal_basis/0
Rules of Procedure EP 052
2020-01-19Show (4) Changes | Timetravel
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
rapporteur
name: LAUK Kurt Joachim date: 2005-03-07T00:00:00 group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2005-03-07T00:00:00
rapporteur
name: LAUK Kurt Joachim group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-203&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2005-0203_EN.html
events/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-203&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2005-0203_EN.html
2019-07-06Show (11) Changes | Timetravel
activities
  • date: 2005-05-12T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2005-03-07T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: LAUK Kurt Joachim
  • date: 2005-06-15T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2005-03-07T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: LAUK Kurt Joachim type: Vote in committee, 1st reading/single reading
  • date: 2005-06-20T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-203&language=EN type: Committee report tabled for plenary, single reading title: A6-0203/2005 body: EP type: Committee report tabled for plenary, single reading
  • date: 2005-07-04T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20050704&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 2005-07-05T00:00:00 body: EP type: Decision by Parliament, 1st reading/single reading
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2005-03-07T00:00:00
rapporteur
name: LAUK Kurt Joachim group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
committees/0
body
EP
responsible
True
committee
ECON
date
2005-03-07T00:00:00
committee_full
Economic and Monetary Affairs
rapporteur
group: PPE-DE name: LAUK Kurt Joachim
docs
  • date: 2005-05-31T00:00:00 docs: title: PE357.970 type: Amendments tabled in committee body: EP
  • date: 2005-06-01T00:00:00 docs: title: PE357.791 type: Committee draft report body: EP
  • date: 2005-06-20T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-203&language=EN title: A6-0203/2005 type: Committee report tabled for plenary, single reading body: EP
events
  • date: 2005-05-12T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2005-06-15T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: The committee adopted the own-initiative report drawn up by Kurt LAUK ( EPP-ED , DE ) in response to the European Central Bank's annual report for 2004. MEPs said that the ECB reacted correctly to economic and financial developments in 2004, while stressing that it should continue to be vigilant as to oil prices, residential property prices and to "the still prevailing excess liquidity". They praised the ECB's policy of "concentrating on its prime objective of maintaining price stability and, thereby, contributing to achieving sustained economic growth." The committee said that the relative economic weakness of the euro area was the result of a lack of structural reforms and the fact that fewer hours were worked in Europe than in other parts of the world. The report welcomed the fact that the ECB had fully complied with the transparency provisions of the Treaty vis-à-vis the public and Parliament. The committee believed that the monetary dialogue between Parliament and the ECB had been a success. On the other hand, it urged the ECB to consider the possibility of publishing summary minutes, and called for the publication of a regional and cross-border review of trends similar to the US Federal Reserve's 'Beige Book'. The committee confirmed its view that the ECB should exercise prudential supervision on the banking activities of the European Investment Bank. It also urged the ECB to remain very alert to the counterfeiting of euro notes and coins, as the volume of counterfeits increased by 7.8 % compared with 2003.
  • date: 2005-06-20T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-203&language=EN title: A6-0203/2005
  • date: 2005-07-04T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20050704&type=CRE title: Debate in Parliament
  • date: 2005-07-05T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP
links
other
    procedure/dossier_of_the_committee
    Old
    ECON/6/26963
    New
    • ECON/6/26963
    procedure/legal_basis/0
    Rules of Procedure EP 052
    procedure/legal_basis/0
    Rules of Procedure of the European Parliament EP 052
    procedure/subject
    Old
    • 5.20.03 European Central Bank (ECB), ESCB
    New
    5.20.03
    European Central Bank (ECB), ESCB
    2014-11-10Show (5) Changes
    activities
    • date: 2005-05-12T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2005-03-07T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: LAUK Kurt Joachim
    • date: 2005-06-15T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2005-03-07T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: LAUK Kurt Joachim type: Vote in committee, 1st reading/single reading
    • date: 2005-06-20T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-203&language=EN type: Committee report tabled for plenary, single reading title: A6-0203/2005 body: EP type: Committee report tabled for plenary, single reading
    • date: 2005-07-04T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20050704&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
    • date: 2005-07-05T00:00:00 body: EP type: Decision by Parliament, 1st reading/single reading
    committees
    • body: EP responsible: True committee: ECON date: 2005-03-07T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: LAUK Kurt Joachim
    links
    other
      procedure
      dossier_of_the_committee
      ECON/6/26963
      reference
      2005/2048(INI)
      title
      European Central Bank ECB. 2004 annual report
      legal_basis
      Rules of Procedure of the European Parliament EP 052
      stage_reached
      Procedure rejected
      subtype
      Annual report
      type
      INI - Own-initiative procedure
      subject
      5.20.03 European Central Bank (ECB), ESCB
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