BETA


2013/0181(COD) Statistics for the macroeconomic imbalances procedure

Progress: Procedure lapsed or withdrawn

RoleCommitteeRapporteurShadows
Lead ECON EPPINK Derk Jan (icon: ECR ECR) MARQUES Margarida (icon: S&D S&D), GIEGOLD Sven (icon: Verts/ALE Verts/ALE)
Former Responsible Committee ECON LUCKE Bernd (icon: ECR ECR)
Former Responsible Committee ECON EPPINK Derk Jan (icon: ECR ECR)
Committee Opinion EMPL
Committee Opinion REGI
Former Committee Opinion EMPL BERÈS Pervenche (icon: S&D S&D)
Former Committee Opinion EMPL
Former Committee Opinion REGI GODMANIS Ivars (icon: ALDE ALDE), MĂNESCU Ramona Nicole (icon: ALDE ALDE)
Former Committee Opinion REGI
Lead committee dossier:
Legal Basis:
TFEU 338-p1

Events

2020/09/29
   EC - Proposal withdrawn by Commission
2019/10/21
   EP - Committee referral announced in Parliament, 1st reading
2019/07/18
   EP - EPPINK Derk Jan (ECR) appointed as rapporteur in ECON
2016/05/25
   CSL - Debate in Council
Documents
2016/05/25
   CSL - Council Meeting
2014/10/20
   EP - Committee referral announced in Parliament, 1st reading
2014/07/22
   EP - LUCKE Bernd (ECR) appointed as rapporteur in ECON
2014/03/11
   EP - Results of vote in Parliament
2014/03/11
   EP - Decision by Parliament, 1st reading
Details

The European Parliament adopted by 614 votes to 56 with 6 abstentions, certain amendments to the proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure (MIP).

The matter had been referred back to the competent committee. The vote had been postponed to a later session.

The main amendments adopted in plenary were as follows:

Quality of data : Parliament underlined that reliable, accurate and useful statistical data are essential for effective surveillance of macroeconomic imbalances. To guarantee this goal, the independence of Eurostat should be strengthened in line with the European Parliament's proposals for the revision of Regulation (EC) No 223/2009 of the European Parliament and of the Council.

Quality assurance procedures : the procedures put in place in the framework of this Regulation shall build on and take into consideration best practices in existing quality assurance procedures. They shall not result in the duplication of quality assurance efforts nor parallel data series.

Transmission of data to the Commission : in order to clarify the process for transmission, reporting and communication of the data, Members suggested including a cut-off date for the extraction by the Commission (Eurostat) of the MIP relevant data to compute for each Member State the MIP scoreboard indicators and set up a reference database on MIP relevant data.

The Commission (Eurostat) shall make public the MIP relevant data used for the purposes of the macroeconomic imbalances procedure. It shall determine the publication date for the news release and communicate it to Member States within ten working days after the cut-off date

Dialogue missions to Member States : in order to improve the effectiveness of the proposed procedures, Parliament wanted: i) to call the missions “dialogue missions» in the Member States; ii) to clarify that the aim of these missions is to investigate in depth the quality of the data ; iii) to ensure the right selection and distribution as well as a rotation of experts in good time, and iv) to provide that the general provision in relation to the dialogue missions does not apply where the sectoral legislation already foresees these Commission visits to Member States.

Provision of data by the Commission : when the Commission (Eurostat) expresses a reservation on the quality of a Member State's MIP relevant data, the Member State concerned shall be given the opportunity to defend its position.

Sanctions : Members suggested that the Council, acting on the recommendations of the Commission, might decide, via a two-step procedure: 1) to impose an interest-bearing deposit and subsequently, if the Commission assesses that the Member States has not complied with the corrective actions, as a last resort measure, 2) inflict a fine on a Member State that has acted intentionally to misrepresent the data or in the case of serious negligence which has impacted on the ability of the Commission to make a true and fair assessment.

The Member State shall report to the Commission within a specified deadline on the corrective actions necessary to address and remedy the misrepresentation or serious negligence as well as to prevent similar circumstances to arise in future. The report shall be made public.

The interest-bearing deposit shall be effective, dissuasive and proportionate to the nature, seriousness and duration of the misrepresentation and the amount of the interest bearing shall not exceed 0.05% of the GDP in the preceding year of the Member State concerned.

Role of Parliament : the Commission shall inform the competent Committee of the European Parliament of any investigation or recommendation made pursuant to this regulation. The competent committee of the European Parliament may offer a Member State which is the subject of a Commission recommendation an opportunity to participate in an exchange of views.

Report : the Commission (Eurostat) shall report at least annually to the European Parliament and to the Council on the activities carried out by the Commission (Eurostat) for the purpose of implementing the Regulation in the context of the European Semester.

Documents
2014/03/11
   EP - Matter referred back to the committee responsible
2014/02/24
   EP - Committee report tabled for plenary, 1st reading
Details

The Committee on Economic and Monetary Affairs adopted the report by Derk Jan EPPINK (ECR, BE) on the proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure (MIP).

The parliamentary committee recommended that the position of the European Parliament adopted at first reading under the ordinary legislative procedure modify the Commission proposal as follows.

Quality of data : Members underlined that reliable, accurate and useful statistical data are essential for effective surveillance of macroeconomic imbalances. To guarantee this goal, the independence of Eurostat should be strengthened in line with the European Parliament's proposals for the revision of Regulation (EC) No 223/2009 of the European Parliament and of the Council.

Quality assurance procedures : the procedures put in place in the framework of this Regulation shall build on and take into consideration best practices in existing quality assurance procedures. They shall not result in the duplication of quality assurance efforts nor parallel data series.

Transmission of data to the Commission : in order to clarify the process for transmission, reporting and communication of the data, Members suggested including (i) a cut-off date when the Commission (Eurostat) would extract the time series needed for the MIP Scoreboard and (ii) a publication date for the news release of the MIP Scoreboard indicators.

Dialogue missions to Member States : in order to improve the effectiveness of the proposed procedures, the report suggested: i) to call the missions “dialogue missions”in the Member States; ii) to clarify that the aim of these missions is to investigate in depth the quality of the data ; iii) to ensure the right selection and distribution as well as a rotation of experts in good time, and iv) to provide that the general provision in relation to the dialogue missions does not apply where the sectoral legislation already foresees these visits.

Provision of data by the Commission : when the Commission (Eurostat) expresses a reservation on the quality of a Member State's MIP relevant data, the Member State concerned shall be given the opportunity to defend its position.

Sanctions : Members suggested that the Council, acting on the recommendations of the Commission, might decide, via a two-step procedure: 1) to impose an interest-bearing deposit and subsequently, if the Commission assesses that the Member States has not complied with the corrective actions, as a last resort measure, 2) inflict a fine on a Member State that has acted intentionally to misrepresent the data or in the case of serious negligence which has impacted on the ability of the Commission to make a true and fair assessment.

The Member State shall report to the Commission within a specified deadline on the corrective actions necessary to address and remedy the misrepresentation or serious negligence as well as to prevent similar circumstances to arise in future. The report shall be made public.

The interest-bearing deposit shall be effective, dissuasive and proportionate to the nature, seriousness and duration of the misrepresentation and the amount of the interest bearing shall not exceed 0.05% of the GDP in the preceding year of the Member State concerned.

Role of Parliament : the Commission shall inform the competent Committee of the European Parliament of any investigation or recommendation made pursuant to this regulation. The competent committee of the European Parliament may offer a Member State which is the subject of a Commission recommendation an opportunity to participate in an exchange of views.

Report : the Commission (Eurostat) shall report at least annually to the European Parliament and to the Council on the activities carried out by the Commission (Eurostat) for the purpose of implementing this Regulation in the context of the European Semester.

Documents
2013/10/10
   ECB - European Central Bank: opinion, guideline, report
Details

Opinion of the European Central Bank on a proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure.

The ECB underlines the importance of ensuring reliable statistical data for the macroeconomic imbalances procedure (MIP) established under Regulation (EU) No 1176/2011 of the European Parliament and of the Council on the prevention and correction of macro­economic imbalances.

Within this context, the Commission has started a legislative initiative to assure the statistical quality of the MIP. The initiative aims to secure that the compilation, monitoring and release of the macro­economic and financial statistics relevant for the elaboration of MIP scoreboard indicators is conducted in a manner that delivers sound and independent figures.

The proposed regulation provides that the Commission may carry out missions to investigate any problems and propose that the Council imposes fines on Member States that misrepresent MIP relevant data intentionally or by serious negligence.

European Statistical System (ESS) and European System of Central Banks (ESCB) quality assurance of the statistics underlying the MIP : the quality assurance of macroeconomic and financial statistics is secured by the ESS and the ESCB as producers of European statistics.

The ECB notes that the quality framework suggested by the proposed regulation targets statistical data for the MIP, while neglecting other economic and monetary policy purposes. It thereby seems to establish parallel quality assessments instead of integrating the statistical data for the MIP into the existing quality frameworks.

Consequently, the ECB recommends that rather than introducing a new quality assurance framework by means of the proposed regulation, the already existing quality assurance arrangements of the ESS and the ESCB should also be applied to statistical data for the MIP.

Enhancing quality assurance of statistics through a closer cooperation of the ESS and ESCB: since the responsibilities for the production of the macroeconomic and financial statistics underlying the indicators for the MIP are shared between the ESS and the ESCB, close cooperation between the two systems is necessary to assure their quality.

The ECB points to the work initiated by the Committee on Monetary, Financial and Balance of Payments Statistics (CMFB), with a view to assessing the quality and comparability of the MIP relevant data under the current statistical legal framework. Once the work of the CMFB has progressed, practical arrangements for the cooperation between the ESS and the ESCB on quality assurance frameworks for statistical data for the MIP could be laid down.

2013/09/14
   ES_PARLIAMENT - Contribution
Documents
2013/07/24
   PT_PARLIAMENT - Contribution
Documents
2013/07/16
   IT_SENATE - Contribution
Documents
2013/07/03
   EP - BERÈS Pervenche (S&D) appointed as rapporteur in EMPL
2013/06/20
   EP - GODMANIS Ivars (ALDE) appointed as rapporteur in REGI
2013/06/20
   EP - MĂNESCU Ramona Nicole (ALDE) appointed as rapporteur in REGI
2013/06/18
   EP - EPPINK Derk Jan (ECR) appointed as rapporteur in ECON
2013/06/13
   EP - Committee referral announced in Parliament, 1st reading
2013/06/07
   EC - Legislative proposal published
Details

PURPOSE: to set in place a common and reliable procedure for the provision of relevant data for the macroeconomic imbalances procedure (MIP).

PROPOSED ACT: Regulation of the European Parliament and the Council.

ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council.

BACKGROUND: this initiative fits into the political context of improving of the economic governance of the Union which requires an ability to detect, prevent and correct macroeconomic imbalances.

For this purpose, Regulation (EU) No 1176/2011 set out detailed rules for the early detection, prevention and correction of macroeconomic imbalances which emerge or persist in the euro area and the EU (the Macroeconomic Imbalances Procedure or MIP).

The MIP and its scoreboard of indicators require efficient statistical quality monitoring of the indicators and of the underlying statistical information.

The ECOFIN Councils of 8 November 2011 and 13 November 2012 underlined the importance for the credibility of the MIP of having timely statistics of the highest quality for inclusion in the scoreboard and invited the Commission (Eurostat) to take all necessary initiatives to assure a reliable procedure for the compilation of these statistics.

IMPACT ASSESSMENT: no impact assessment was undertaken. The successful implementation of this Regulation will mainly require close cooperation from Member States’ statistical authorities with a view to improving the quality of the MIP relevant data and the underlying statistical information. No additional data collection mechanisms are foreseen.

LEGAL BASIS: Article 338(1) of the Treaty on the Functioning of the European Union (TFEU).

CONTENT: the proposed Regulation sets out the rules governing the way the statistical data that are relevant for the macroeconomic imbalances procedure are provided . These rules relate to the compilation, quality monitoring and release of the indicators in the macroeconomic imbalances procedure scoreboard.

This Regulation will cover the monitoring of data quality; the compilation and transmission of data and metadata, and the reporting/communication on the data to the different stakeholders and to the European Parliament and the Council.

The Regulation will introduce new tasks for the Commission (Eurostat) on the following main aspects:

validating the quality of the MIP relevant data in relation to quality criteria that either exist already or will be further specified in certain areas; structuring, collecting and analysing Member States’ compilation sources and methods; and developing and implementing an improvement action plan.

The work on the MIP relevant data will need to be supported by good website publication and dissemination arrangements, as well as release actions.

The implementation of the proposed Regulation with a view to providing high quality statistics will require close cooperation with Member States’ statistical authorities covering both the scoreboard data and the underlying statistical information.

BUDGETARY IMPLICATION: additional resources will be necessary in order to assure the high quality requirements for the MIP-relevant data. This has meant introducing a staff bid for 21 posts (12 posts and 9 external personnel) to cover the tasks required of the Commission (Eurostat).

The overall impact on the EU budget is estimated at EUR 9.788 million for the period 2013-2016 .

Moreover, the Commission will need assistance from Member States’ experts in the context of the MIP missions covered by this proposal. At this stage, it is difficult to give a precise estimate of costs, in particular because all possible synergies will be sought with Eurostat missions in related areas.

Documents

Votes

A7-0143/2014 - Derk Jan Eppink - Vote unique #

2014/03/11 Outcome: +: 614, -: 56, 0: 6
DE IT FR ES GB PL RO SE BE HU BG PT SK AT CZ NL FI DK HR EL LT IE SI EE LV LU MT CY
Total
91
60
64
49
67
44
27
19
18
21
14
20
13
19
20
24
11
13
12
16
8
11
7
6
8
5
5
3
icon: PPE PPE
237

Czechia PPE

1

Denmark PPE

For (1)

1

Lithuania PPE

1

Estonia PPE

For (1)

1

Luxembourg PPE

2

Malta PPE

For (1)

1

Cyprus PPE

1
icon: S&D S&D
172

Bulgaria S&D

2

Netherlands S&D

3

Finland S&D

2

Ireland S&D

For (1)

1

Slovenia S&D

For (1)

1

Estonia S&D

For (1)

1

Latvia S&D

1

Luxembourg S&D

For (1)

1
icon: ALDE ALDE
74

Belgium ALDE

2

Slovakia ALDE

For (1)

1

Austria ALDE

1
3

Slovenia ALDE

2

Luxembourg ALDE

For (1)

1
icon: Verts/ALE Verts/ALE
54

United Kingdom Verts/ALE

5

Portugal Verts/ALE

For (1)

1

Austria Verts/ALE

2

Netherlands Verts/ALE

3

Finland Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1

Greece Verts/ALE

1

Estonia Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Luxembourg Verts/ALE

For (1)

1
icon: ECR ECR
52

Belgium ECR

For (1)

1

Hungary ECR

For (1)

1

Netherlands ECR

For (1)

1

Denmark ECR

For (1)

1

Croatia ECR

For (1)

1

Lithuania ECR

1

Latvia ECR

For (1)

1
icon: EFD EFD
24

Belgium EFD

For (1)

1

Bulgaria EFD

For (1)

1

Slovakia EFD

For (1)

1

Netherlands EFD

For (1)

1

Finland EFD

For (1)

1

Denmark EFD

Abstain (1)

1

Greece EFD

1

Lithuania EFD

For (1)

1
icon: NI NI
30

Italy NI

2

Spain NI

1
6

Belgium NI

Abstain (1)

1

Hungary NI

For (1)

3

Bulgaria NI

1
5

Ireland NI

Against (1)

1
icon: GUE/NGL GUE/NGL
32

Spain GUE/NGL

Against (1)

1

United Kingdom GUE/NGL

Against (1)

1

Sweden GUE/NGL

Against (1)

1

Portugal GUE/NGL

3

Netherlands GUE/NGL

Abstain (1)

2

Denmark GUE/NGL

Against (1)

1

Croatia GUE/NGL

Against (1)

1

Ireland GUE/NGL

Against (1)

1

Latvia GUE/NGL

Against (1)

1

Cyprus GUE/NGL

2
AmendmentsDossier
128 2013/0181(COD)
2013/12/10 REGI 44 amendments...
source: PE-524.765
2013/12/13 ECON 66 amendments...
source: PE-523.047
2013/12/18 EMPL 18 amendments...
source: PE-526.157

History

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

docs/1
date
2013-09-14T00:00:00
docs
url: https://connectfolx.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342
type
Contribution
body
ES_PARLIAMENT
docs/1
date
2013-09-15T00:00:00
docs
url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342
type
Contribution
body
ES_PARLIAMENT
docs/2
date
2013-07-16T00:00:00
docs
url: https://connectfolx.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342
type
Contribution
body
IT_SENATE
docs/2
date
2013-07-17T00:00:00
docs
url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342
type
Contribution
body
IT_SENATE
docs/3
date
2013-07-24T00:00:00
docs
url: https://connectfolx.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342
type
Contribution
body
PT_PARLIAMENT
docs/3
date
2013-07-25T00:00:00
docs
url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342
type
Contribution
body
PT_PARLIAMENT
links/National parliaments/url
Old
http://www.ipex.eu/IPEXL-WEB/dossier/dossier.do?code=COD&year=2013&number=0181&appLng=EN
New
https://ipexl.europarl.europa.eu/IPEXL-WEB/dossier/code=COD&year=2013&number=0181&appLng=EN
events/1/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament, 1st reading
events/2/type
Old
Committee report tabled for plenary, 1st reading/single reading
New
Committee report tabled for plenary, 1st reading
events/4/type
Old
Decision by Parliament, 1st reading/single reading
New
Decision by Parliament, 1st reading
events/6/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament, 1st reading
events/8/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament, 1st reading
events/9
date
2020-09-29T00:00:00
type
Proposal withdrawn by Commission
body
EC
procedure/Modified legal basis
Rules of Procedure EP 159
procedure/Other legal basis
Rules of Procedure EP 159
procedure/stage_reached
Old
Awaiting committee decision
New
Procedure lapsed or withdrawn
committees/4/opinion
False
committees/0/shadows/1
name
GIEGOLD Sven
group
Group of the Greens/European Free Alliance
abbr
Verts/ALE
events/2/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/A-7-2014-0143_EN.html
New
https://www.europarl.europa.eu/doceo/document/A-7-2014-0143_EN.html
events/4/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/TA-7-2014-0181_EN.html
New
https://www.europarl.europa.eu/doceo/document/TA-7-2014-0181_EN.html
events/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A7-2014-0143&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-7-2014-0143_EN.html
events/4/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2014-0181
New
http://www.europarl.europa.eu/doceo/document/TA-7-2014-0181_EN.html
events/8
date
2019-10-21T00:00:00
type
Committee referral announced in Parliament, 1st reading/single reading
body
EP
committees/0/rapporteur
  • name: EPPINK Derk Jan date: 2019-07-18T00:00:00 group: European Conservatives and Reformists Group abbr: ECR
committees/0/shadows
  • name: MARQUES Margarida group: Group of Progressive Alliance of Socialists and Democrats abbr: S&D
committees/2/rapporteur
  • name: EPPINK Derk Jan date: 2013-06-18T00:00:00 group: European Conservatives and Reformists abbr: ECR
committees/5/rapporteur
  • name: BERÈS Pervenche date: 2013-07-03T00:00:00 group: Progressive Alliance of Socialists and Democrats abbr: S&D
committees/0/date
    committees/1/date
    • 2014-07-22T00:00:00
    committees/1/rapporteur/0/date
    2014-07-22T00:00:00
    committees/2/date
      committees/3/date
        committees/4/date
          committees/5/date
            committees/6/date
              committees/7/date
              • 2013-06-20T00:00:00
              • 2013-06-20T00:00:00
              committees/7/rapporteur/0/date
              2013-06-20T00:00:00
              committees/7/rapporteur/1/date
              2013-06-20T00:00:00
              committees/8/date
                activities
                • date: 2013-06-07T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2013/0342/COM_COM(2013)0342_EN.doc title: COM(2013)0342 type: Legislative proposal published celexid: CELEX:52013PC0342:EN body: EC commission: DG: url: http://ec.europa.eu/info/departments/economic-and-financial-affairs_en title: Economic and Financial Affairs Commissioner: MOSCOVICI Pierre type: Legislative proposal published
                • date: 2013-06-13T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP shadows: group: EPP name: MALETIĆ Ivana group: S&D name: BAYET Hugues group: ALDE name: TREMOSA I BALCELLS Ramon group: GUE/NGL name: VIEGAS Miguel group: Verts/ALE name: LAMBERTS Philippe responsible: True committee: ECON date: 2014-07-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: LUCKE Bernd body: EP responsible: True committee: ECON date: 2013-06-18T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: EPPINK Derk Jan body: EP responsible: False committee_full: Employment and Social Affairs committee: EMPL body: EP responsible: False committee: EMPL date: 2013-07-03T00:00:00 committee_full: Employment and Social Affairs rapporteur: group: S&D name: BERÈS Pervenche body: EP responsible: False committee_full: Regional Development committee: REGI body: EP responsible: False committee: REGI date: 2013-06-20T00:00:00 2013-06-20T00:00:00 committee_full: Regional Development rapporteur: group: ALDE name: GODMANIS Ivars group: ALDE name: MĂNESCU Ramona Nicole
                • body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A7-2014-0143&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A7-0143/2014 type: Committee report tabled for plenary, 1st reading/single reading committees: body: EP shadows: group: EPP name: MALETIĆ Ivana group: S&D name: BAYET Hugues group: ALDE name: TREMOSA I BALCELLS Ramon group: GUE/NGL name: VIEGAS Miguel group: Verts/ALE name: LAMBERTS Philippe responsible: True committee: ECON date: 2014-07-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: LUCKE Bernd body: EP responsible: True committee: ECON date: 2013-06-18T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: EPPINK Derk Jan body: EP responsible: False committee_full: Employment and Social Affairs committee: EMPL body: EP responsible: False committee: EMPL date: 2013-07-03T00:00:00 committee_full: Employment and Social Affairs rapporteur: group: S&D name: BERÈS Pervenche body: EP responsible: False committee_full: Regional Development committee: REGI body: EP responsible: False committee: REGI date: 2013-06-20T00:00:00 2013-06-20T00:00:00 committee_full: Regional Development rapporteur: group: ALDE name: GODMANIS Ivars group: ALDE name: MĂNESCU Ramona Nicole date: 2014-02-24T00:00:00
                • date: 2014-03-11T00:00:00 body: unknown type: Matter referred back to the committee responsible
                • date: 2014-03-11T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=24268&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2014-0181 type: Decision by Parliament, 1st reading/single reading title: T7-0181/2014 body: EP type: Results of vote in Parliament
                • date: 2014-10-20T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP shadows: group: EPP name: MALETIĆ Ivana group: S&D name: BAYET Hugues group: ALDE name: TREMOSA I BALCELLS Ramon group: GUE/NGL name: VIEGAS Miguel group: Verts/ALE name: LAMBERTS Philippe responsible: True committee: ECON date: 2014-07-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: LUCKE Bernd body: EP responsible: True committee: ECON date: 2013-06-18T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: EPPINK Derk Jan body: EP responsible: False committee_full: Employment and Social Affairs committee: EMPL body: EP responsible: False committee: EMPL date: 2013-07-03T00:00:00 committee_full: Employment and Social Affairs rapporteur: group: S&D name: BERÈS Pervenche body: EP responsible: False committee_full: Regional Development committee: REGI body: EP responsible: False committee: REGI date: 2013-06-20T00:00:00 2013-06-20T00:00:00 committee_full: Regional Development rapporteur: group: ALDE name: GODMANIS Ivars group: ALDE name: MĂNESCU Ramona Nicole
                • body: CSL meeting_id: 3468 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=3468*&MEET_DATE=25/05/2016 type: Debate in Council title: 3468 council: Economic and Financial Affairs ECOFIN date: 2016-05-25T00:00:00 type: Council Meeting
                commission
                • body: EC dg: Economic and Financial Affairs commissioner: MOSCOVICI Pierre
                committees/0/associated
                False
                committees/0/date
                Old
                2014-07-22T00:00:00
                New
                 
                committees/0/rapporteur
                • group: ECR name: LUCKE Bernd
                committees/0/responsible
                True
                committees/0/shadows
                • group: EPP name: MALETIĆ Ivana
                • group: S&D name: BAYET Hugues
                • group: ALDE name: TREMOSA I BALCELLS Ramon
                • group: GUE/NGL name: VIEGAS Miguel
                • group: Verts/ALE name: LAMBERTS Philippe
                committees/0/type
                Responsible Committee
                committees/1/associated
                False
                committees/1/date
                Old
                2013-06-18T00:00:00
                New
                • 2014-07-22T00:00:00
                committees/1/rapporteur/0
                name
                LUCKE Bernd
                group
                European Conservatives and Reformists
                abbr
                ECR
                committees/1/rapporteur/0
                group
                ECR
                name
                EPPINK Derk Jan
                committees/1/responsible
                True
                committees/1/type
                Former Responsible Committee
                committees/2/associated
                False
                committees/2/committee
                Old
                EMPL
                New
                ECON
                committees/2/committee_full
                Old
                Employment and Social Affairs
                New
                Economic and Monetary Affairs
                committees/2/date
                  committees/2/responsible
                  False
                  committees/2/type
                  Former Responsible Committee
                  committees/3/associated
                  False
                  committees/3/date
                  Old
                  2013-07-03T00:00:00
                  New
                   
                  committees/3/rapporteur
                  • group: S&D name: BERÈS Pervenche
                  committees/3/responsible
                  False
                  committees/3/type
                  Committee Opinion
                  committees/4/associated
                  False
                  committees/4/date
                    committees/4/responsible
                    False
                    committees/4/type
                    Committee Opinion
                    committees/5/associated
                    False
                    committees/5/committee
                    Old
                    REGI
                    New
                    EMPL
                    committees/5/committee_full
                    Old
                    Regional Development
                    New
                    Employment and Social Affairs
                    committees/5/date/0
                    2013-06-20T00:00:00
                    committees/5/date/1
                    2013-06-20T00:00:00
                    committees/5/rapporteur
                    • group: ALDE name: GODMANIS Ivars
                    • group: ALDE name: MĂNESCU Ramona Nicole
                    committees/5/responsible
                    False
                    committees/5/type
                    Former Committee Opinion
                    committees/6
                    type
                    Former Committee Opinion
                    body
                    EP
                    associated
                    False
                    committee_full
                    Employment and Social Affairs
                    committee
                    EMPL
                    date
                    committees/7
                    type
                    Former Committee Opinion
                    body
                    EP
                    associated
                    False
                    committee_full
                    Regional Development
                    committee
                    REGI
                    date
                    rapporteur
                    committees/8
                    type
                    Former Committee Opinion
                    body
                    EP
                    associated
                    False
                    committee_full
                    Regional Development
                    committee
                    REGI
                    date
                    council
                    • body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 3468 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=3468*&MEET_DATE=25/05/2016 date: 2016-05-25T00:00:00
                    docs
                    • date: 2013-10-10T00:00:00 docs: url: https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:52013AB0072:EN:NOT title: CON/2013/0072 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2014:014:TOC title: OJ C 014 18.01.2014, p. 0005 summary: Opinion of the European Central Bank on a proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure. The ECB underlines the importance of ensuring reliable statistical data for the macroeconomic imbalances procedure (MIP) established under Regulation (EU) No 1176/2011 of the European Parliament and of the Council on the prevention and correction of macro­economic imbalances. Within this context, the Commission has started a legislative initiative to assure the statistical quality of the MIP. The initiative aims to secure that the compilation, monitoring and release of the macro­economic and financial statistics relevant for the elaboration of MIP scoreboard indicators is conducted in a manner that delivers sound and independent figures. The proposed regulation provides that the Commission may carry out missions to investigate any problems and propose that the Council imposes fines on Member States that misrepresent MIP relevant data intentionally or by serious negligence. European Statistical System (ESS) and European System of Central Banks (ESCB) quality assurance of the statistics underlying the MIP : the quality assurance of macroeconomic and financial statistics is secured by the ESS and the ESCB as producers of European statistics. The ECB notes that the quality framework suggested by the proposed regulation targets statistical data for the MIP, while neglecting other economic and monetary policy purposes. It thereby seems to establish parallel quality assessments instead of integrating the statistical data for the MIP into the existing quality frameworks. Consequently, the ECB recommends that rather than introducing a new quality assurance framework by means of the proposed regulation, the already existing quality assurance arrangements of the ESS and the ESCB should also be applied to statistical data for the MIP. Enhancing quality assurance of statistics through a closer cooperation of the ESS and ESCB: since the responsibilities for the production of the macroeconomic and financial statistics underlying the indicators for the MIP are shared between the ESS and the ESCB, close cooperation between the two systems is necessary to assure their quality. The ECB points to the work initiated by the Committee on Monetary, Financial and Balance of Payments Statistics (CMFB), with a view to assessing the quality and comparability of the MIP relevant data under the current statistical legal framework. Once the work of the CMFB has progressed, practical arrangements for the cooperation between the ESS and the ESCB on quality assurance frameworks for statistical data for the MIP could be laid down. type: European Central Bank: opinion, guideline, report body: ECB
                    • date: 2013-09-15T00:00:00 docs: url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342 type: Contribution body: ES_PARLIAMENT
                    • date: 2013-07-17T00:00:00 docs: url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342 type: Contribution body: IT_SENATE
                    • date: 2013-07-25T00:00:00 docs: url: http://www.connefof.europarl.europa.eu/connefof/app/exp/COM(2013)0342 title: COM(2013)0342 type: Contribution body: PT_PARLIAMENT
                    events
                    • date: 2013-06-07T00:00:00 type: Legislative proposal published body: EC docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2013/0342/COM_COM(2013)0342_EN.doc title: COM(2013)0342 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342 title: EUR-Lex summary: PURPOSE: to set in place a common and reliable procedure for the provision of relevant data for the macroeconomic imbalances procedure (MIP). PROPOSED ACT: Regulation of the European Parliament and the Council. ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council. BACKGROUND: this initiative fits into the political context of improving of the economic governance of the Union which requires an ability to detect, prevent and correct macroeconomic imbalances. For this purpose, Regulation (EU) No 1176/2011 set out detailed rules for the early detection, prevention and correction of macroeconomic imbalances which emerge or persist in the euro area and the EU (the Macroeconomic Imbalances Procedure or MIP). The MIP and its scoreboard of indicators require efficient statistical quality monitoring of the indicators and of the underlying statistical information. The ECOFIN Councils of 8 November 2011 and 13 November 2012 underlined the importance for the credibility of the MIP of having timely statistics of the highest quality for inclusion in the scoreboard and invited the Commission (Eurostat) to take all necessary initiatives to assure a reliable procedure for the compilation of these statistics. IMPACT ASSESSMENT: no impact assessment was undertaken. The successful implementation of this Regulation will mainly require close cooperation from Member States’ statistical authorities with a view to improving the quality of the MIP relevant data and the underlying statistical information. No additional data collection mechanisms are foreseen. LEGAL BASIS: Article 338(1) of the Treaty on the Functioning of the European Union (TFEU). CONTENT: the proposed Regulation sets out the rules governing the way the statistical data that are relevant for the macroeconomic imbalances procedure are provided . These rules relate to the compilation, quality monitoring and release of the indicators in the macroeconomic imbalances procedure scoreboard. This Regulation will cover the monitoring of data quality; the compilation and transmission of data and metadata, and the reporting/communication on the data to the different stakeholders and to the European Parliament and the Council. The Regulation will introduce new tasks for the Commission (Eurostat) on the following main aspects: validating the quality of the MIP relevant data in relation to quality criteria that either exist already or will be further specified in certain areas; structuring, collecting and analysing Member States’ compilation sources and methods; and developing and implementing an improvement action plan. The work on the MIP relevant data will need to be supported by good website publication and dissemination arrangements, as well as release actions. The implementation of the proposed Regulation with a view to providing high quality statistics will require close cooperation with Member States’ statistical authorities covering both the scoreboard data and the underlying statistical information. BUDGETARY IMPLICATION: additional resources will be necessary in order to assure the high quality requirements for the MIP-relevant data. This has meant introducing a staff bid for 21 posts (12 posts and 9 external personnel) to cover the tasks required of the Commission (Eurostat). The overall impact on the EU budget is estimated at EUR 9.788 million for the period 2013-2016 . Moreover, the Commission will need assistance from Member States’ experts in the context of the MIP missions covered by this proposal. At this stage, it is difficult to give a precise estimate of costs, in particular because all possible synergies will be sought with Eurostat missions in related areas.
                    • date: 2013-06-13T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
                    • date: 2014-02-24T00:00:00 type: Committee report tabled for plenary, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A7-2014-0143&language=EN title: A7-0143/2014 summary: The Committee on Economic and Monetary Affairs adopted the report by Derk Jan EPPINK (ECR, BE) on the proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure (MIP). The parliamentary committee recommended that the position of the European Parliament adopted at first reading under the ordinary legislative procedure modify the Commission proposal as follows. Quality of data : Members underlined that reliable, accurate and useful statistical data are essential for effective surveillance of macroeconomic imbalances. To guarantee this goal, the independence of Eurostat should be strengthened in line with the European Parliament's proposals for the revision of Regulation (EC) No 223/2009 of the European Parliament and of the Council. Quality assurance procedures : the procedures put in place in the framework of this Regulation shall build on and take into consideration best practices in existing quality assurance procedures. They shall not result in the duplication of quality assurance efforts nor parallel data series. Transmission of data to the Commission : in order to clarify the process for transmission, reporting and communication of the data, Members suggested including (i) a cut-off date when the Commission (Eurostat) would extract the time series needed for the MIP Scoreboard and (ii) a publication date for the news release of the MIP Scoreboard indicators. Dialogue missions to Member States : in order to improve the effectiveness of the proposed procedures, the report suggested: i) to call the missions “dialogue missions”in the Member States; ii) to clarify that the aim of these missions is to investigate in depth the quality of the data ; iii) to ensure the right selection and distribution as well as a rotation of experts in good time, and iv) to provide that the general provision in relation to the dialogue missions does not apply where the sectoral legislation already foresees these visits. Provision of data by the Commission : when the Commission (Eurostat) expresses a reservation on the quality of a Member State's MIP relevant data, the Member State concerned shall be given the opportunity to defend its position. Sanctions : Members suggested that the Council, acting on the recommendations of the Commission, might decide, via a two-step procedure: 1) to impose an interest-bearing deposit and subsequently, if the Commission assesses that the Member States has not complied with the corrective actions, as a last resort measure, 2) inflict a fine on a Member State that has acted intentionally to misrepresent the data or in the case of serious negligence which has impacted on the ability of the Commission to make a true and fair assessment. The Member State shall report to the Commission within a specified deadline on the corrective actions necessary to address and remedy the misrepresentation or serious negligence as well as to prevent similar circumstances to arise in future. The report shall be made public. The interest-bearing deposit shall be effective, dissuasive and proportionate to the nature, seriousness and duration of the misrepresentation and the amount of the interest bearing shall not exceed 0.05% of the GDP in the preceding year of the Member State concerned. Role of Parliament : the Commission shall inform the competent Committee of the European Parliament of any investigation or recommendation made pursuant to this regulation. The competent committee of the European Parliament may offer a Member State which is the subject of a Commission recommendation an opportunity to participate in an exchange of views. Report : the Commission (Eurostat) shall report at least annually to the European Parliament and to the Council on the activities carried out by the Commission (Eurostat) for the purpose of implementing this Regulation in the context of the European Semester.
                    • date: 2014-03-11T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=24268&l=en title: Results of vote in Parliament
                    • date: 2014-03-11T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2014-0181 title: T7-0181/2014 summary: The European Parliament adopted by 614 votes to 56 with 6 abstentions, certain amendments to the proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure (MIP). The matter had been referred back to the competent committee. The vote had been postponed to a later session. The main amendments adopted in plenary were as follows: Quality of data : Parliament underlined that reliable, accurate and useful statistical data are essential for effective surveillance of macroeconomic imbalances. To guarantee this goal, the independence of Eurostat should be strengthened in line with the European Parliament's proposals for the revision of Regulation (EC) No 223/2009 of the European Parliament and of the Council. Quality assurance procedures : the procedures put in place in the framework of this Regulation shall build on and take into consideration best practices in existing quality assurance procedures. They shall not result in the duplication of quality assurance efforts nor parallel data series. Transmission of data to the Commission : in order to clarify the process for transmission, reporting and communication of the data, Members suggested including a cut-off date for the extraction by the Commission (Eurostat) of the MIP relevant data to compute for each Member State the MIP scoreboard indicators and set up a reference database on MIP relevant data. The Commission (Eurostat) shall make public the MIP relevant data used for the purposes of the macroeconomic imbalances procedure. It shall determine the publication date for the news release and communicate it to Member States within ten working days after the cut-off date Dialogue missions to Member States : in order to improve the effectiveness of the proposed procedures, Parliament wanted: i) to call the missions “dialogue missions» in the Member States; ii) to clarify that the aim of these missions is to investigate in depth the quality of the data ; iii) to ensure the right selection and distribution as well as a rotation of experts in good time, and iv) to provide that the general provision in relation to the dialogue missions does not apply where the sectoral legislation already foresees these Commission visits to Member States. Provision of data by the Commission : when the Commission (Eurostat) expresses a reservation on the quality of a Member State's MIP relevant data, the Member State concerned shall be given the opportunity to defend its position. Sanctions : Members suggested that the Council, acting on the recommendations of the Commission, might decide, via a two-step procedure: 1) to impose an interest-bearing deposit and subsequently, if the Commission assesses that the Member States has not complied with the corrective actions, as a last resort measure, 2) inflict a fine on a Member State that has acted intentionally to misrepresent the data or in the case of serious negligence which has impacted on the ability of the Commission to make a true and fair assessment. The Member State shall report to the Commission within a specified deadline on the corrective actions necessary to address and remedy the misrepresentation or serious negligence as well as to prevent similar circumstances to arise in future. The report shall be made public. The interest-bearing deposit shall be effective, dissuasive and proportionate to the nature, seriousness and duration of the misrepresentation and the amount of the interest bearing shall not exceed 0.05% of the GDP in the preceding year of the Member State concerned. Role of Parliament : the Commission shall inform the competent Committee of the European Parliament of any investigation or recommendation made pursuant to this regulation. The competent committee of the European Parliament may offer a Member State which is the subject of a Commission recommendation an opportunity to participate in an exchange of views. Report : the Commission (Eurostat) shall report at least annually to the European Parliament and to the Council on the activities carried out by the Commission (Eurostat) for the purpose of implementing the Regulation in the context of the European Semester.
                    • date: 2014-03-11T00:00:00 type: Matter referred back to the committee responsible body: EP
                    • date: 2014-10-20T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
                    • date: 2016-05-25T00:00:00 type: Debate in Council body: CSL docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=3468*&MEET_DATE=25/05/2016 title: 3468
                    other
                    • body: EC dg: url: http://ec.europa.eu/info/departments/economic-and-financial-affairs_en title: Economic and Financial Affairs commissioner: MOSCOVICI Pierre
                    procedure/Modified legal basis
                    Old
                    Rules of Procedure EP 150
                    New
                    Rules of Procedure EP 159
                    procedure/dossier_of_the_committee
                    Old
                    ECON/8/00179
                    New
                    • ECON/9/00068
                    procedure/instrument
                    Old
                    Regulation
                    New
                    • Regulation
                    • See also Regulation (EU) No 1176/2011 2010/0281(COD)
                    procedure/subject
                    Old
                    • 5.10.01 Convergence of economic policies, public deficit, interest rates
                    • 8.60 European statistical legislation
                    New
                    5.10.01
                    Convergence of economic policies, public deficit, interest rates
                    8.60
                    European statistical legislation
                    procedure/summary
                    • See also Regulation (EU) No 1176/2011
                    activities/6/council
                    Economic and Financial Affairs ECOFIN
                    activities/6/docs
                    • url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=3468*&MEET_DATE=25/05/2016 type: Debate in Council title: 3468
                    activities/6/meeting_id
                    3468
                    activities/6/type
                    Old
                    Debate in Council
                    New
                    Council Meeting
                    procedure/Modified legal basis
                    Old
                    Rules of Procedure of the European Parliament EP 150
                    New
                    Rules of Procedure EP 150
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/6/council
                    Economic and Financial Affairs ECOFIN
                    activities/6/docs
                    • url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=3468*&MEET_DATE=25/05/2016 type: Debate in Council title: 3468
                    activities/6/meeting_id
                    3468
                    activities/6/type
                    Old
                    Council Meeting
                    New
                    Debate in Council
                    activities/5
                    date
                    2014-09-03T00:00:00
                    body
                    unknown
                    type
                    Opening of interinstitutional negotiations with the report amended in plenary
                    activities/0/commission/0/DG/url
                    Old
                    http://ec.europa.eu/dgs/economy_finance/index_en.htm
                    New
                    http://ec.europa.eu/info/departments/economic-and-financial-affairs_en
                    other/0/dg/url
                    Old
                    http://ec.europa.eu/dgs/economy_finance/index_en.htm
                    New
                    http://ec.europa.eu/info/departments/economic-and-financial-affairs_en
                    activities/0/docs/0/url
                    Old
                    http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342
                    New
                    http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2013/0342/COM_COM(2013)0342_EN.doc
                    activities/7
                    body
                    CSL
                    meeting_id
                    3468
                    docs
                    url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=3468*&MEET_DATE=25/05/2016 type: Debate in Council title: 3468
                    council
                    Economic and Financial Affairs ECOFIN
                    date
                    2016-05-25T00:00:00
                    type
                    Council Meeting
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/3
                    date
                    2014-03-11T00:00:00
                    body
                    unknown
                    type
                    Matter referred back to the committee responsible
                    activities/5
                    date
                    2014-09-03T00:00:00
                    body
                    unknown
                    type
                    Opening of interinstitutional negotiations with the report amended in plenary
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    links/European Commission/title
                    Old
                    PreLex
                    New
                    EUR-Lex
                    activities/0/commission/0/Commissioner
                    Old
                    REHN Olli
                    New
                    MOSCOVICI Pierre
                    other/0/commissioner
                    Old
                    REHN Olli
                    New
                    MOSCOVICI Pierre
                    activities/4
                    date
                    2014-10-20T00:00:00
                    body
                    EP
                    type
                    Committee referral announced in Parliament, 1st reading/single reading
                    committees
                    activities/1/committees/0/shadows/3
                    group
                    GUE/NGL
                    name
                    VIEGAS Miguel
                    activities/2/committees/0/shadows/3
                    group
                    GUE/NGL
                    name
                    VIEGAS Miguel
                    committees/0/shadows/3
                    group
                    GUE/NGL
                    name
                    VIEGAS Miguel
                    activities/1/committees/0/date
                    2014-07-22T00:00:00
                    activities/1/committees/0/rapporteur
                    • group: ECR name: LUCKE Bernd
                    activities/1/committees/0/shadows
                    • group: EPP name: MALETIĆ Ivana
                    • group: S&D name: BAYET Hugues
                    • group: ALDE name: TREMOSA I BALCELLS Ramon
                    • group: Verts/ALE name: LAMBERTS Philippe
                    activities/2/committees/0/date
                    2014-07-22T00:00:00
                    activities/2/committees/0/rapporteur
                    • group: ECR name: LUCKE Bernd
                    activities/2/committees/0/shadows
                    • group: EPP name: MALETIĆ Ivana
                    • group: S&D name: BAYET Hugues
                    • group: ALDE name: TREMOSA I BALCELLS Ramon
                    • group: Verts/ALE name: LAMBERTS Philippe
                    committees/0/date
                    2014-07-22T00:00:00
                    committees/0/rapporteur
                    • group: ECR name: LUCKE Bernd
                    committees/0/shadows
                    • group: EPP name: MALETIĆ Ivana
                    • group: S&D name: BAYET Hugues
                    • group: ALDE name: TREMOSA I BALCELLS Ramon
                    • group: Verts/ALE name: LAMBERTS Philippe
                    activities/1/committees/1/rapporteur/0/mepref
                    Old
                    4de184830fb8127435bdbda4
                    New
                    4f1ac7c9b819f25efd0000ac
                    activities/1/committees/3/rapporteur/0/mepref
                    Old
                    4de183180fb8127435bdbb94
                    New
                    4f1ac652b819f25efd000032
                    activities/1/committees/5/rapporteur/0/mepref
                    Old
                    4de185260fb8127435bdbe95
                    New
                    4f1ac84db819f25efd0000dd
                    activities/1/committees/5/rapporteur/1/mepref
                    Old
                    4de186d60fb8127435bdc0f9
                    New
                    4f1ad95bb819f207b3000011
                    activities/2/committees/1/rapporteur/0/mepref
                    Old
                    4de184830fb8127435bdbda4
                    New
                    4f1ac7c9b819f25efd0000ac
                    activities/2/committees/3/rapporteur/0/mepref
                    Old
                    4de183180fb8127435bdbb94
                    New
                    4f1ac652b819f25efd000032
                    activities/2/committees/5/rapporteur/0/mepref
                    Old
                    4de185260fb8127435bdbe95
                    New
                    4f1ac84db819f25efd0000dd
                    activities/2/committees/5/rapporteur/1/mepref
                    Old
                    4de186d60fb8127435bdc0f9
                    New
                    4f1ad95bb819f207b3000011
                    committees/1/rapporteur/0/mepref
                    Old
                    4de184830fb8127435bdbda4
                    New
                    4f1ac7c9b819f25efd0000ac
                    committees/3/rapporteur/0/mepref
                    Old
                    4de183180fb8127435bdbb94
                    New
                    4f1ac652b819f25efd000032
                    committees/5/rapporteur/0/mepref
                    Old
                    4de185260fb8127435bdbe95
                    New
                    4f1ac84db819f25efd0000dd
                    committees/5/rapporteur/1/mepref
                    Old
                    4de186d60fb8127435bdc0f9
                    New
                    4f1ad95bb819f207b3000011
                    activities/1/committees/1
                    body
                    EP
                    responsible
                    True
                    committee
                    ECON
                    date
                    2013-06-18T00:00:00
                    committee_full
                    Economic and Monetary Affairs
                    rapporteur
                    group: ECR name: EPPINK Derk Jan
                    activities/1/committees/3
                    body
                    EP
                    responsible
                    False
                    committee
                    EMPL
                    date
                    2013-07-03T00:00:00
                    committee_full
                    Employment and Social Affairs
                    rapporteur
                    group: S&D name: BERÈS Pervenche
                    activities/1/committees/5
                    body
                    EP
                    responsible
                    False
                    committee
                    REGI
                    date
                    committee_full
                    Regional Development
                    rapporteur
                    activities/2/committees/1
                    body
                    EP
                    responsible
                    True
                    committee
                    ECON
                    date
                    2013-06-18T00:00:00
                    committee_full
                    Economic and Monetary Affairs
                    rapporteur
                    group: ECR name: EPPINK Derk Jan
                    activities/2/committees/3
                    body
                    EP
                    responsible
                    False
                    committee
                    EMPL
                    date
                    2013-07-03T00:00:00
                    committee_full
                    Employment and Social Affairs
                    rapporteur
                    group: S&D name: BERÈS Pervenche
                    activities/2/committees/5
                    body
                    EP
                    responsible
                    False
                    committee
                    REGI
                    date
                    committee_full
                    Regional Development
                    rapporteur
                    committees/1
                    body
                    EP
                    responsible
                    True
                    committee
                    ECON
                    date
                    2013-06-18T00:00:00
                    committee_full
                    Economic and Monetary Affairs
                    rapporteur
                    group: ECR name: EPPINK Derk Jan
                    committees/3
                    body
                    EP
                    responsible
                    False
                    committee
                    EMPL
                    date
                    2013-07-03T00:00:00
                    committee_full
                    Employment and Social Affairs
                    rapporteur
                    group: S&D name: BERÈS Pervenche
                    committees/5
                    body
                    EP
                    responsible
                    False
                    committee
                    REGI
                    date
                    committee_full
                    Regional Development
                    rapporteur
                    activities/1
                    date
                    2013-06-13T00:00:00
                    body
                    EP
                    type
                    Committee referral announced in Parliament, 1st reading/single reading
                    committees
                    activities/1/committees/0/date
                    2013-06-18T00:00:00
                    activities/1/committees/0/rapporteur
                    • group: ECR name: EPPINK Derk Jan
                    activities/1/committees/0/shadows
                    • group: EPP name: DORFMANN Herbert
                    • group: S&D name: HOANG NGOC Liem
                    • group: ALDE name: TREMOSA I BALCELLS Ramon
                    • group: Verts/ALE name: LAMBERTS Philippe
                    • group: GUE/NGL name: CHOUNTIS Nikolaos
                    activities/1/committees/1/date
                    2013-07-03T00:00:00
                    activities/1/committees/1/rapporteur
                    • group: S&D name: BERÈS Pervenche
                    activities/1/committees/2/date
                    2013-06-20T00:00:00
                    activities/1/committees/2/rapporteur
                    • group: ALDE name: GODMANIS Ivars
                    activities/1/date
                    Old
                    2014-02-13T00:00:00
                    New
                    2013-06-13T00:00:00
                    activities/1/type
                    Old
                    Vote in committee, 1st reading/single reading
                    New
                    Committee referral announced in Parliament, 1st reading/single reading
                    activities/2/committees/0/date
                    2013-06-18T00:00:00
                    activities/2/committees/0/rapporteur
                    • group: ECR name: EPPINK Derk Jan
                    activities/2/committees/0/shadows
                    • group: EPP name: DORFMANN Herbert
                    • group: S&D name: HOANG NGOC Liem
                    • group: ALDE name: TREMOSA I BALCELLS Ramon
                    • group: Verts/ALE name: LAMBERTS Philippe
                    • group: GUE/NGL name: CHOUNTIS Nikolaos
                    activities/2/committees/1/date
                    2013-07-03T00:00:00
                    activities/2/committees/1/rapporteur
                    • group: S&D name: BERÈS Pervenche
                    activities/2/committees/2/date
                    2013-06-20T00:00:00
                    activities/2/committees/2/rapporteur
                    • group: ALDE name: GODMANIS Ivars
                    activities/3/docs/0
                    url
                    http://www.europarl.europa.eu/oeil/popups/sda.do?id=24268&l=en
                    type
                    Results of vote in Parliament
                    title
                    Results of vote in Parliament
                    activities/3/type
                    Old
                    Decision by Parliament, 1st reading/single reading
                    New
                    Results of vote in Parliament
                    committees/0/date
                    2013-06-18T00:00:00
                    committees/0/rapporteur
                    • group: ECR name: EPPINK Derk Jan
                    committees/0/shadows
                    • group: EPP name: DORFMANN Herbert
                    • group: S&D name: HOANG NGOC Liem
                    • group: ALDE name: TREMOSA I BALCELLS Ramon
                    • group: Verts/ALE name: LAMBERTS Philippe
                    • group: GUE/NGL name: CHOUNTIS Nikolaos
                    committees/1/date
                    2013-07-03T00:00:00
                    committees/1/rapporteur
                    • group: S&D name: BERÈS Pervenche
                    committees/2/date
                    2013-06-20T00:00:00
                    committees/2/rapporteur
                    • group: ALDE name: GODMANIS Ivars
                    procedure/Modified legal basis
                    Rules of Procedure of the European Parliament EP 150
                    procedure/dossier_of_the_committee
                    Old
                    ECON/7/12975
                    New
                    ECON/8/00179
                    procedure/stage_reached
                    Old
                    Awaiting Parliament 1st reading / single reading / budget 1st stage
                    New
                    Awaiting committee decision
                    activities/0/docs/0/url
                    Old
                    http://old.eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342
                    New
                    http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342
                    activities/0/docs/0/url
                    Old
                    http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342
                    New
                    http://old.eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342
                    activities/4/docs/0/text
                    • The European Parliament adopted by 614 votes to 56 with 6 abstentions, certain amendments to the proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure (MIP).

                      The matter had been referred back to the competent committee. The vote had been postponed to a later session.

                      The main amendments adopted in plenary were as follows:

                      Quality of data: Parliament underlined that reliable, accurate and useful statistical data are essential for effective surveillance of macroeconomic imbalances. To guarantee this goal, the independence of Eurostat should be strengthened in line with the European Parliament's proposals for the revision of Regulation (EC) No 223/2009 of the European Parliament and of the Council.

                      Quality assurance procedures: the procedures put in place in the framework of this Regulation shall build on and take into consideration best practices in existing quality assurance procedures. They shall not result in the duplication of quality assurance efforts nor parallel data series.

                      Transmission of data to the Commission: in order to clarify the process for transmission, reporting and communication of the data, Members suggested including a cut-off date for the extraction by the Commission (Eurostat) of the MIP relevant data to compute for each Member State the MIP scoreboard indicators and set up a reference database on MIP relevant data.

                      The Commission (Eurostat) shall make public the MIP relevant data used for the purposes of the macroeconomic imbalances procedure. It shall determine the publication date for the news release and communicate it to Member States within ten working days after the cut-off date

                      Dialogue missions to Member States: in order to improve the effectiveness of the proposed procedures, Parliament wanted: i) to call the missions “dialogue missions» in the Member States; ii) to clarify that the aim of these missions is to investigate in depth the quality of the data; iii) to ensure the right selection and distribution as well as a rotation of experts in good time, and iv) to provide that the general provision in relation to the dialogue missions does not apply where the sectoral legislation already foresees these Commission visits to Member States.

                      Provision of data by the Commission: when the Commission (Eurostat) expresses a reservation on the quality of a Member State's MIP relevant data, the Member State concerned shall be given the opportunity to defend its position.

                      Sanctions: Members suggested that the Council, acting on the recommendations of the Commission, might decide, via a two-step procedure: 1) to impose an interest-bearing deposit and subsequently, if the Commission assesses that the Member States has not complied with the corrective actions, as a last resort measure, 2) inflict a fine on a Member State that has acted intentionally to misrepresent the data or in the case of serious negligence which has impacted on the ability of the Commission to make a true and fair assessment.

                      The Member State shall report to the Commission within a specified deadline on the corrective actions necessary to address and remedy the misrepresentation or serious negligence as well as to prevent similar circumstances to arise in future. The report shall be made public.

                      The interest-bearing deposit shall be effective, dissuasive and proportionate to the nature, seriousness and duration of the misrepresentation and the amount of the interest bearing shall not exceed 0.05% of the GDP in the preceding year of the Member State concerned.

                      Role of Parliament: the Commission shall inform the competent Committee of the European Parliament of any investigation or recommendation made pursuant to this regulation. The competent committee of the European Parliament may offer a Member State which is the subject of a Commission recommendation an opportunity to participate in an exchange of views.

                      Report: the Commission (Eurostat) shall report at least annually to the European Parliament and to the Council on the activities carried out by the Commission (Eurostat) for the purpose of implementing the Regulation in the context of the European Semester.

                    activities/3/docs/0/text
                    • The Committee on Economic and Monetary Affairs adopted the report by Derk Jan EPPINK (ECR, BE) on the proposal for a regulation of the European Parliament and of the Council on the provision and quality of statistics for the macroeconomic imbalances procedure (MIP).

                      The parliamentary committee recommended that the position of the European Parliament adopted at first reading under the ordinary legislative procedure modify the Commission proposal as follows.

                      Quality of data: Members underlined that reliable, accurate and useful statistical data are essential for effective surveillance of macroeconomic imbalances. To guarantee this goal, the independence of Eurostat should be strengthened in line with the European Parliament's proposals for the revision of Regulation (EC) No 223/2009 of the European Parliament and of the Council.

                      Quality assurance procedures: the procedures put in place in the framework of this Regulation shall build on and take into consideration best practices in existing quality assurance procedures. They shall not result in the duplication of quality assurance efforts nor parallel data series.

                      Transmission of data to the Commission: in order to clarify the process for transmission, reporting and communication of the data, Members suggested including (i) a cut-off date when the Commission (Eurostat) would extract the time series needed for the MIP Scoreboard and (ii) a publication date for the news release of the MIP Scoreboard indicators.

                      Dialogue missions to Member States: in order to improve the effectiveness of the proposed procedures, the report suggested: i) to call the missions “dialogue missions”in the Member States; ii) to clarify that the aim of these missions is to investigate in depth the quality of the data; iii) to ensure the right selection and distribution as well as a rotation of experts in good time, and iv) to provide that the general provision in relation to the dialogue missions does not apply where the sectoral legislation already foresees these visits.

                      Provision of data by the Commission: when the Commission (Eurostat) expresses a reservation on the quality of a Member State's MIP relevant data, the Member State concerned shall be given the opportunity to defend its position.

                      Sanctions: Members suggested that the Council, acting on the recommendations of the Commission, might decide, via a two-step procedure: 1) to impose an interest-bearing deposit and subsequently, if the Commission assesses that the Member States has not complied with the corrective actions, as a last resort measure, 2) inflict a fine on a Member State that has acted intentionally to misrepresent the data or in the case of serious negligence which has impacted on the ability of the Commission to make a true and fair assessment.

                      The Member State shall report to the Commission within a specified deadline on the corrective actions necessary to address and remedy the misrepresentation or serious negligence as well as to prevent similar circumstances to arise in future. The report shall be made public.

                      The interest-bearing deposit shall be effective, dissuasive and proportionate to the nature, seriousness and duration of the misrepresentation and the amount of the interest bearing shall not exceed 0.05% of the GDP in the preceding year of the Member State concerned.

                      Role of Parliament: the Commission shall inform the competent Committee of the European Parliament of any investigation or recommendation made pursuant to this regulation. The competent committee of the European Parliament may offer a Member State which is the subject of a Commission recommendation an opportunity to participate in an exchange of views.

                      Report: the Commission (Eurostat) shall report at least annually to the European Parliament and to the Council on the activities carried out by the Commission (Eurostat) for the purpose of implementing this Regulation in the context of the European Semester.

                    activities/4/docs
                    • url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P7-TA-2014-0181 type: Decision by Parliament, 1st reading/single reading title: T7-0181/2014
                    activities/4/type
                    Old
                    Vote in plenary scheduled
                    New
                    Decision by Parliament, 1st reading/single reading
                    activities/3/docs
                    • url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A7-2014-0143&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A7-0143/2014
                    activities/4/date
                    Old
                    2014-03-12T00:00:00
                    New
                    2014-03-11T00:00:00
                    activities/4/type
                    Old
                    Indicative plenary sitting date, 1st reading/single reading
                    New
                    Vote in plenary scheduled
                    activities/3
                    date
                    2014-02-24T00:00:00
                    body
                    EP
                    type
                    Committee report tabled for plenary, 1st reading/single reading
                    committees
                    procedure/stage_reached
                    Old
                    Awaiting committee decision
                    New
                    Awaiting Parliament 1st reading / single reading / budget 1st stage
                    activities/2/committees
                    • body: EP shadows: group: EPP name: DORFMANN Herbert group: S&D name: HOANG NGOC Liem group: ALDE name: TREMOSA I BALCELLS Ramon group: Verts/ALE name: LAMBERTS Philippe group: GUE/NGL name: CHOUNTIS Nikolaos responsible: True committee: ECON date: 2013-06-18T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: ECR name: EPPINK Derk Jan
                    • body: EP responsible: False committee: EMPL date: 2013-07-03T00:00:00 committee_full: Employment and Social Affairs rapporteur: group: S&D name: BERÈS Pervenche
                    • body: EP responsible: False committee: REGI date: 2013-06-20T00:00:00 committee_full: Regional Development rapporteur: group: ALDE name: GODMANIS Ivars
                    activities/2/type
                    Old
                    Vote scheduled in committee, 1st reading/single reading
                    New
                    Vote in committee, 1st reading/single reading
                    activities/3/date
                    Old
                    2014-04-02T00:00:00
                    New
                    2014-03-12T00:00:00
                    activities/0
                    date
                    2013-06-07T00:00:00
                    docs
                    url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342 celexid: CELEX:52013PC0342:EN type: Legislative proposal published title: COM(2013)0342
                    type
                    Legislative proposal
                    body
                    EC
                    commission
                    DG: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs Commissioner: REHN Olli
                    activities/0/body
                    Old
                    EP
                    New
                    EC
                    activities/0/commission
                    • DG: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs Commissioner: REHN Olli
                    activities/0/date
                    Old
                    2013-11-07T00:00:00
                    New
                    2013-06-07T00:00:00
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/0/docs/0/text
                    • PURPOSE: to set in place a common and reliable procedure for the provision of relevant data for the macroeconomic imbalances procedure (MIP).

                      PROPOSED ACT: Regulation of the European Parliament and the Council.

                      ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council.

                      BACKGROUND: this initiative fits into the political context of improving of the economic governance of the Union which requires an ability to detect, prevent and correct macroeconomic imbalances.

                      For this purpose, Regulation (EU) No 1176/2011 set out detailed rules for the early detection, prevention and correction of macroeconomic imbalances which emerge or persist in the euro area and the EU (the Macroeconomic Imbalances Procedure or MIP).

                      The MIP and its scoreboard of indicators require efficient statistical quality monitoring of the indicators and of the underlying statistical information.

                      The ECOFIN Councils of 8 November 2011 and 13 November 2012 underlined the importance for the credibility of the MIP of having timely statistics of the highest quality for inclusion in the scoreboard and invited the Commission (Eurostat) to take all necessary initiatives to assure a reliable procedure for the compilation of these statistics.

                      IMPACT ASSESSMENT: no impact assessment was undertaken. The successful implementation of this Regulation will mainly require close cooperation from Member States’ statistical authorities with a view to improving the quality of the MIP relevant data and the underlying statistical information. No additional data collection mechanisms are foreseen.

                      LEGAL BASIS: Article 338(1) of the Treaty on the Functioning of the European Union (TFEU).

                      CONTENT: the proposed Regulation sets out the rules governing the way the statistical data that are relevant for the macroeconomic imbalances procedure are provided. These rules relate to the compilation, quality monitoring and release of the indicators in the macroeconomic imbalances procedure scoreboard.

                      This Regulation will cover the monitoring of data quality; the compilation and transmission of data and metadata, and the reporting/communication on the data to the different stakeholders and to the European Parliament and the Council.

                      The Regulation will introduce new tasks for the Commission (Eurostat) on the following main aspects:

                      • validating the quality of the MIP relevant data in relation to quality criteria that either exist already or will be further specified in certain areas;
                      • structuring, collecting and analysing Member States’ compilation sources and methods; and
                      • developing and implementing an improvement action plan.

                      The work on the MIP relevant data will need to be supported by good website publication and dissemination arrangements, as well as release actions.

                      The implementation of the proposed Regulation with a view to providing high quality statistics will require close cooperation with Member States’ statistical authorities covering both the scoreboard data and the underlying statistical information.

                      BUDGETARY IMPLICATION: additional resources will be necessary in order to assure the high quality requirements for the MIP-relevant data. This has meant introducing a staff bid for 21 posts (12 posts and 9 external personnel) to cover the tasks required of the Commission (Eurostat).

                      The overall impact on the EU budget is estimated at EUR 9.788 million for the period 2013-2016.

                      Moreover, the Commission will need assistance from Member States’ experts in the context of the MIP missions covered by this proposal. At this stage, it is difficult to give a precise estimate of costs, in particular because all possible synergies will be sought with Eurostat missions in related areas.

                    activities/0/docs/0/title
                    Old
                    PE522.929
                    New
                    COM(2013)0342
                    activities/0/docs/0/type
                    Old
                    Committee draft report
                    New
                    Legislative proposal published
                    activities/0/docs/0/url
                    Old
                    http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE522.929
                    New
                    http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342
                    activities/0/type
                    Old
                    Committee draft report
                    New
                    Legislative proposal published
                    activities/3
                    date
                    2013-12-13T00:00:00
                    docs
                    url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE523.047 type: Amendments tabled in committee title: PE523.047
                    body
                    EP
                    type
                    Amendments tabled in committee
                    activities/3/docs/0/url
                    http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE523.047
                    activities/3
                    date
                    2013-12-13T00:00:00
                    docs
                    type: Amendments tabled in committee title: PE523.047
                    body
                    EP
                    type
                    Amendments tabled in committee
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/0/docs/0/celexid
                    CELEX:52013PC0342:EN
                    activities/2/docs/0/url
                    http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE522.929
                    activities/2
                    date
                    2013-11-07T00:00:00
                    docs
                    type: Committee draft report title: PE522.929
                    body
                    EP
                    type
                    Committee draft report
                    activities/1/committees/2/rapporteur/0/mepref
                    Old
                    4de186d60fb8127435bdc0f9
                    New
                    4de185260fb8127435bdbe95
                    activities/1/committees/2/rapporteur/0/name
                    Old
                    MĂNESCU Ramona Nicole
                    New
                    GODMANIS Ivars
                    committees/2/rapporteur/0/mepref
                    Old
                    4de186d60fb8127435bdc0f9
                    New
                    4de185260fb8127435bdbe95
                    committees/2/rapporteur/0/name
                    Old
                    MĂNESCU Ramona Nicole
                    New
                    GODMANIS Ivars
                    activities/1/committees/1/date
                    2013-07-03T00:00:00
                    activities/1/committees/1/rapporteur
                    • group: S&D name: BERÈS Pervenche
                    committees/1/date
                    2013-07-03T00:00:00
                    committees/1/rapporteur
                    • group: S&D name: BERÈS Pervenche
                    activities/3
                    date
                    2014-04-02T00:00:00
                    body
                    EP
                    type
                    Indicative plenary sitting date, 1st reading/single reading
                    activities/1/committees/0/shadows/4
                    group
                    GUE/NGL
                    name
                    CHOUNTIS Nikolaos
                    activities/2
                    date
                    2014-02-13T00:00:00
                    body
                    EP
                    type
                    Vote scheduled in committee, 1st reading/single reading
                    committees/0/shadows/4
                    group
                    GUE/NGL
                    name
                    CHOUNTIS Nikolaos
                    activities/1/committees/0/shadows/1
                    group
                    S&D
                    name
                    HOANG NGOC Liem
                    committees/0/shadows/1
                    group
                    S&D
                    name
                    HOANG NGOC Liem
                    activities/1/committees/0/shadows/1
                    group
                    ALDE
                    name
                    TREMOSA I BALCELLS Ramon
                    activities/1/committees/0/shadows/2
                    group
                    Verts/ALE
                    name
                    LAMBERTS Philippe
                    committees/0/shadows/1
                    group
                    ALDE
                    name
                    TREMOSA I BALCELLS Ramon
                    committees/0/shadows/2
                    group
                    Verts/ALE
                    name
                    LAMBERTS Philippe
                    activities/0/docs/0/text
                    • PURPOSE: to set in place a common and reliable procedure for the provision of relevant data for the macroeconomic imbalances procedure (MIP).

                      PROPOSED ACT: Regulation of the European Parliament and the Council.

                      ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council.

                      BACKGROUND: this initiative fits into the political context of improving of the economic governance of the Union which requires an ability to detect, prevent and correct macroeconomic imbalances.

                      For this purpose, Regulation (EU) No 1176/2011 set out detailed rules for the early detection, prevention and correction of macroeconomic imbalances which emerge or persist in the euro area and the EU (the Macroeconomic Imbalances Procedure or MIP).

                      The MIP and its scoreboard of indicators require efficient statistical quality monitoring of the indicators and of the underlying statistical information.

                      The ECOFIN Councils of 8 November 2011 and 13 November 2012 underlined the importance for the credibility of the MIP of having timely statistics of the highest quality for inclusion in the scoreboard and invited the Commission (Eurostat) to take all necessary initiatives to assure a reliable procedure for the compilation of these statistics.

                      IMPACT ASSESSMENT: no impact assessment was undertaken. The successful implementation of this Regulation will mainly require close cooperation from Member States’ statistical authorities with a view to improving the quality of the MIP relevant data and the underlying statistical information. No additional data collection mechanisms are foreseen.

                      LEGAL BASIS: Article 338(1) of the Treaty on the Functioning of the European Union (TFEU).

                      CONTENT: the proposed Regulation sets out the rules governing the way the statistical data that are relevant for the macroeconomic imbalances procedure are provided. These rules relate to the compilation, quality monitoring and release of the indicators in the macroeconomic imbalances procedure scoreboard.

                      This Regulation will cover the monitoring of data quality; the compilation and transmission of data and metadata, and the reporting/communication on the data to the different stakeholders and to the European Parliament and the Council.

                      The Regulation will introduce new tasks for the Commission (Eurostat) on the following main aspects:

                      • validating the quality of the MIP relevant data in relation to quality criteria that either exist already or will be further specified in certain areas;
                      • structuring, collecting and analysing Member States’ compilation sources and methods; and
                      • developing and implementing an improvement action plan.

                      The work on the MIP relevant data will need to be supported by good website publication and dissemination arrangements, as well as release actions.

                      The implementation of the proposed Regulation with a view to providing high quality statistics will require close cooperation with Member States’ statistical authorities covering both the scoreboard data and the underlying statistical information.

                      BUDGETARY IMPLICATION: additional resources will be necessary in order to assure the high quality requirements for the MIP-relevant data. This has meant introducing a staff bid for 21 posts (12 posts and 9 external personnel) to cover the tasks required of the Commission (Eurostat).

                      The overall impact on the EU budget is estimated at EUR 9.788 million for the period 2013-2016.

                      Moreover, the Commission will need assistance from Member States’ experts in the context of the MIP missions covered by this proposal. At this stage, it is difficult to give a precise estimate of costs, in particular because all possible synergies will be sought with Eurostat missions in related areas.

                    activities/1/committees/0/shadows
                    • group: EPP name: DORFMANN Herbert
                    committees/0/shadows
                    • group: EPP name: DORFMANN Herbert
                    activities/1/committees/0/date
                    2013-06-18T00:00:00
                    activities/1/committees/0/rapporteur
                    • group: ECR name: EPPINK Derk Jan
                    committees/0/date
                    2013-06-18T00:00:00
                    committees/0/rapporteur
                    • group: ECR name: EPPINK Derk Jan
                    activities/1/committees/2/date
                    2013-06-20T00:00:00
                    activities/1/committees/2/rapporteur
                    • group: ALDE name: MĂNESCU Ramona Nicole
                    committees/2/date
                    2013-06-20T00:00:00
                    committees/2/rapporteur
                    • group: ALDE name: MĂNESCU Ramona Nicole
                    procedure/stage_reached
                    Old
                    Awaiting Parliament 1st reading / single reading / budget 1st stage
                    New
                    Awaiting committee decision
                    activities
                    • date: 2013-06-07T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2013&nu_doc=342 celexid: CELEX:52013PC0342:EN type: Legislative proposal published title: COM(2013)0342 type: Legislative proposal body: EC commission: DG: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs Commissioner: REHN Olli
                    • date: 2013-06-13T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee_full: Economic and Monetary Affairs committee: ECON body: EP responsible: False committee_full: Employment and Social Affairs committee: EMPL body: EP responsible: False committee_full: Regional Development committee: REGI
                    committees
                    • body: EP responsible: True committee_full: Economic and Monetary Affairs committee: ECON
                    • body: EP responsible: False committee_full: Employment and Social Affairs committee: EMPL
                    • body: EP responsible: False committee_full: Regional Development committee: REGI
                    links
                    National parliaments
                    European Commission
                    other
                    • body: EC dg: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs commissioner: REHN Olli
                    procedure
                    dossier_of_the_committee
                    ECON/7/12975
                    reference
                    2013/0181(COD)
                    subtype
                    Legislation
                    legal_basis
                    Treaty on the Functioning of the EU TFEU 338-p1
                    stage_reached
                    Awaiting Parliament 1st reading / single reading / budget 1st stage
                    summary
                    See also Regulation (EU) No 1176/2011
                    instrument
                    Regulation
                    title
                    Statistics for the macroeconomic imbalances procedure
                    type
                    COD - Ordinary legislative procedure (ex-codecision procedure)
                    subject