Progress: Procedure lapsed or withdrawn
Role | Committee | Rapporteur | Shadows |
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Lead | JURI | KARIM Sajjad ( ECR) |
Lead committee dossier:
Legal Basis:
TFEU 128-p2
Legal Basis:
TFEU 128-p2Events
The European Parliament adopted by 612 votes to 16, with 10 abstentions, a legislative resolution on the proposal for a Council regulation on denominations and technical specifications of euro coins intended for circulation (codified text).
Parliament approved the Commission proposal as adapted to the recommendations of the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission.
The Committee on Legal Affairs adopted the report drafted by Sajjad KARIM (ECR, UK) on the proposal for a Council regulation on denominations and technical specifications of euro coins intended for circulation (codified text).
It recommended that the European Parliament approve the Commission proposal as adapted to the recommendations of the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission.
OPINION OF THE EUROPEAN CENTRAL BANK on a proposal for a Council regulation on denominations and technical specifications of euro coins intended for circulation (codification).
While the ECB generally welcomes the codification exercise, it notes that the codification approach does not allow for any substantial change to be made to Regulation (EC) No 975/98. The ECB is however of the opinion that a modification should be made to the technical specifications set out in Annex I to the proposed regulation, as explained in the Annex.
Annex I to the proposed regulation reproduces the table contained in Article 1 of Regulation (EC) No 975/98. In this table, the thickness of the coins is indicated in the third column, with a footnote mentioning that the values relating to thickness are of an indicative nature. While these indicative values may have been the only values that could be laid down in 1998 when the technical specifications of euro coins intended for circulation were adopted for the first time, the ECB recommends that these indicative values are now replaced by the real thickness values of euro coins, which are well known and used as reference value by the mints to produce the coins.
PURPOSE: to codify Council Regulation (EC) No 975/98 of 3 May 1998 on denominations and technical specifications of euro coins intended for circulation.
PROPOSED ACT: Council Regulation.
LEGAL BASIS: Article 128(2) of the treaty on the Functioning of the European Union (TFEU).
CONTENT: the purpose of this proposal is to undertake a codification of Council Regulation (EC) No 975/98 of 3 May 1998 on denominations and technical specifications of euro coins intended for circulation. The new Regulation will supersede the various acts incorporated in it. This proposal fully preserves the content of the acts being codified and hence does no more than bringing them together with only such formal amendments as are required by the codification exercise itself.
BUDGETARY IMPLICATION: this proposal has no implication for the EU’s budget.
Documents
- Results of vote in Parliament: Results of vote in Parliament
- Decision by Parliament: T7-0217/2011
- Committee report tabled for plenary, 1st reading/single reading: A7-0102/2011
- Committee report tabled for plenary, 1st reading/single reading: A7-0102/2011
- European Central Bank: opinion, guideline, report: CON/2011/0018
- European Central Bank: opinion, guideline, report: OJ C 114 12.04.2011, p. 0001
- Legislative proposal published: COM(2010)0691
- Legislative proposal published: EUR-Lex
- European Central Bank: opinion, guideline, report: CON/2011/0018 OJ C 114 12.04.2011, p. 0001
- Committee report tabled for plenary, 1st reading/single reading: A7-0102/2011
Votes
A7-0102/2011 - Sajjad Karim - Vote unique #
History
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