BETA


2023/2026(ACI) Arrangements between the European Parliament and the ECB on structuring their interaction practices in the area of central banking

Progress: Procedure completed, awaiting publication in Official Journal

RoleCommitteeRapporteurShadows
Lead AFCO DE MEO Salvatore (icon: EPP EPP)
Lead committee dossier:
Legal Basis:
RoP 148

Events

2023/06/01
   EP - Results of vote in Parliament
2023/06/01
   EP - Decision by Parliament
Details

The European Parliament decided, by 614 votes to 15 with 5 abstentions, to approve the arrangements in the form of an exchange of letters between the European Parliament and the European Central Bank on structuring the practices for interaction in the area of central banking.

The aim of the arrangements is to consolidate best practices that have been developing informally between the two institutions over a number of years. They may promote continued understanding and effective cooperation, resulting in the identifying of common practices for interaction between the two institutions in the area of central banking.

Under the terms of the arrangement, Parliament and the ECB seek to continue having a structured yearly engagement around the ECB’s Annual Report, which describes the tasks and activities of the European System of Central Banks (ESCB) and also reports on the Eurosystem’s monetary policy. The ECB Annual Report should continue to be sufficiently detailed to allow a constructive dialogue with Members of the European Parliament on ECB policies. Parliament intends to adopt an annual resolution summarising its views on the ECB's policies and activities as presented in the ECB's annual report.

Furthermore, according to the arrangement, the European Parliament and the ECB:

- envisage that the President of the ECB appears in a public hearing before the ECON Committee at least four times per year;

- endeavour to maintain the practice in place since the early 2000s whereby the President of the ECB answers questions for written answer in the ECB’s fields of competence submitted by Members;

- continue having the President of the ECB and the other members of the ECB’s Executive Board participate, at the request of Parliament or on their own initiative, in ad hoc exchanges of views before the ECON Committee to discuss issues in the ECB’s fields of competence;

- seek to allow proper consideration of ECB opinions on a proposed Union act by Parliament’s competent bodies. The ECB endeavours to deliver its opinions within three months of the transmission of the proposed Union act or, alternatively, to update Parliament on the timeline for its adoption.

The ECB intends to host a delegation of the ECON Committee every year for informal discussions with members of the ECB’s Executive Board on issues within the ECB’s fields of competence.

Documents
2023/04/27
   EP - Committee report tabled for plenary, single reading
Documents
2023/04/27
   EP - Committee report tabled for plenary
Documents
2023/04/26
   EP - Vote in committee
2023/04/11
   EP - Amendments tabled in committee
Documents
2023/03/29
   EP - Committee referral announced in Parliament
2023/03/22
   EP - DE MEO Salvatore (EPP) appointed as rapporteur in AFCO
2023/03/14
   EP - Committee draft report
Documents
2023/02/28
   EC - Non-legislative basic document
Documents
2023/02/28
   EC - Non-legislative basic document published
Documents

Documents

  • Results of vote in Parliament: Results of vote in Parliament
  • Decision by Parliament: T9-0214/2023
  • Committee report tabled for plenary, single reading: A9-0158/2023
  • Committee report tabled for plenary: A9-0158/2023
  • Amendments tabled in committee: PE746.709
  • Committee draft report: PE745.273
  • Non-legislative basic document: N9-0022/2023
  • Non-legislative basic document published: N9-0022/2023
  • Non-legislative basic document: N9-0022/2023
  • Committee draft report: PE745.273
  • Amendments tabled in committee: PE746.709
  • Committee report tabled for plenary, single reading: A9-0158/2023

Votes

Accords entre le Parlement européen et la BCE relatifs à la structuration de leurs pratiques d’interaction dans le domaine des activités de banque centrale - A9-0158/2023 - Salvatore De Meo - Proposition de décision #

2023/06/01 Outcome: +: 614, -: 15, 0: 5
DE FR IT ES PL RO NL BE HU PT SE CZ BG FI SK EL IE DK LT AT HR LV SI CY MT LU EE ??
Total
83
69
63
54
51
29
27
21
21
20
21
18
17
13
13
14
12
13
10
16
11
7
7
6
5
5
7
1
icon: PPE PPE
157

Hungary PPE

1

Cyprus PPE

2

Malta PPE

For (1)

1

Luxembourg PPE

2

Estonia PPE

For (1)

1
icon: S&D S&D
129

Belgium S&D

2

Czechia S&D

For (1)

1

Finland S&D

1

Greece S&D

1

Lithuania S&D

2

Latvia S&D

For (1)

1

Slovenia S&D

2

Cyprus S&D

2

Luxembourg S&D

For (1)

1

Estonia S&D

2

S&D

For (1)

1
icon: Renew Renew
95

Poland Renew

1

Hungary Renew

2
3

Finland Renew

3

Greece Renew

1

Ireland Renew

2

Lithuania Renew

1

Austria Renew

For (1)

1

Croatia Renew

For (1)

1

Latvia Renew

For (1)

1

Slovenia Renew

For (1)

1

Luxembourg Renew

For (1)

1

Estonia Renew

3
icon: Verts/ALE Verts/ALE
67

Italy Verts/ALE

3

Poland Verts/ALE

For (1)

1

Romania Verts/ALE

1

Netherlands Verts/ALE

3

Belgium Verts/ALE

3

Portugal Verts/ALE

1

Sweden Verts/ALE

3

Czechia Verts/ALE

3

Finland Verts/ALE

3

Ireland Verts/ALE

2

Denmark Verts/ALE

2

Lithuania Verts/ALE

2

Austria Verts/ALE

3

Luxembourg Verts/ALE

For (1)

1
icon: ECR ECR
63

Germany ECR

1

Romania ECR

Against (1)

1

Sweden ECR

For (1)

3

Bulgaria ECR

2

Slovakia ECR

For (1)

1

Greece ECR

1

Lithuania ECR

1

Croatia ECR

1

Latvia ECR

For (1)

1
icon: ID ID
58

Czechia ID

2

Denmark ID

Against (1)

1

Austria ID

3

Estonia ID

Against (1)

1
icon: NI NI
36

Germany NI

1

Netherlands NI

Against (1)

1

Belgium NI

For (1)

1

Slovakia NI

2

Lithuania NI

1

Croatia NI

Against (1)

2

Latvia NI

1
icon: The Left The Left
29

Germany The Left

3

Belgium The Left

For (1)

1

Sweden The Left

For (1)

1

Finland The Left

For (1)

1

Ireland The Left

3

Denmark The Left

1

Cyprus The Left

2
AmendmentsDossier
3 2023/2026(ACI)
2023/04/13 AFCO 3 amendments...
source: 746.709

History

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

events/0/date
Old
2023-02-27T00:00:00
New
2023-02-28T00:00:00
events/4
date
2023-06-01T00:00:00
type
Results of vote in Parliament
body
EP
docs
url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=60027&l=en title: Results of vote in Parliament
docs/4
date
2023-06-01T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2023-0214_EN.html title: T9-0214/2023
type
Text adopted by Parliament, single reading
body
EP
events/4/summary
  • The European Parliament decided, by 614 votes to 15 with 5 abstentions, to approve the arrangements in the form of an exchange of letters between the European Parliament and the European Central Bank on structuring the practices for interaction in the area of central banking.
  • The aim of the arrangements is to consolidate best practices that have been developing informally between the two institutions over a number of years. They may promote continued understanding and effective cooperation, resulting in the identifying of common practices for interaction between the two institutions in the area of central banking.
  • Under the terms of the arrangement, Parliament and the ECB seek to continue having a structured yearly engagement around the ECB’s Annual Report, which describes the tasks and activities of the European System of Central Banks (ESCB) and also reports on the Eurosystem’s monetary policy. The ECB Annual Report should continue to be sufficiently detailed to allow a constructive dialogue with Members of the European Parliament on ECB policies. Parliament intends to adopt an annual resolution summarising its views on the ECB's policies and activities as presented in the ECB's annual report.
  • Furthermore, according to the arrangement, the European Parliament and the ECB:
  • - envisage that the President of the ECB appears in a public hearing before the ECON Committee at least four times per year;
  • - endeavour to maintain the practice in place since the early 2000s whereby the President of the ECB answers questions for written answer in the ECB’s fields of competence submitted by Members;
  • - continue having the President of the ECB and the other members of the ECB’s Executive Board participate, at the request of Parliament or on their own initiative, in ad hoc exchanges of views before the ECON Committee to discuss issues in the ECB’s fields of competence;
  • - seek to allow proper consideration of ECB opinions on a proposed Union act by Parliament’s competent bodies. The ECB endeavours to deliver its opinions within three months of the transmission of the proposed Union act or, alternatively, to update Parliament on the timeline for its adoption.
  • The ECB intends to host a delegation of the ECON Committee every year for informal discussions with members of the ECB’s Executive Board on issues within the ECB’s fields of competence.
commission
  • body: EC dg: Justice and Consumers commissioner: REYNDERS Didier
docs/4
date
2023-06-01T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2023-0214_EN.html title: T9-0214/2023
type
Text adopted by Parliament, single reading
body
EP
events/4
date
2023-06-01T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-9-2023-0214_EN.html title: T9-0214/2023
forecasts
  • date: 2023-06-01T00:00:00 title: Vote in plenary scheduled
procedure/stage_reached
Old
Awaiting Parliament's vote
New
Procedure completed, awaiting publication in Official Journal
forecasts/0
date
2023-06-01T00:00:00
title
Vote in plenary scheduled
forecasts/0
date
2023-05-31T00:00:00
title
Indicative plenary sitting date
procedure/title
Old
European Parliament/European Central Bank (ECB) Interinstitutional Agreement: structuring the practices for interaction in the area of central banking
New
Arrangements between the European Parliament and the ECB on structuring their interaction practices in the area of central banking
docs/3/docs/0/url
https://www.europarl.europa.eu/doceo/document/A-9-2023-0158_EN.html
events/3/docs/0/url
https://www.europarl.europa.eu/doceo/document/A-9-2023-0158_EN.html
docs/3
date
2023-04-27T00:00:00
docs
title: A9-0158/2023
type
Committee report tabled for plenary, single reading
body
EP
events/3/docs
  • title: A9-0158/2023
events/3
date
2023-04-27T00:00:00
type
Committee report tabled for plenary
body
EP
procedure/stage_reached
Old
Awaiting committee decision
New
Awaiting Parliament's vote
events/2
date
2023-04-26T00:00:00
type
Vote in committee
body
EP
procedure/Other legal basis
Rules of Procedure EP 159
docs/2
date
2023-04-11T00:00:00
docs
url: https://www.europarl.europa.eu/doceo/document/AFCO-AM-746709_EN.html title: PE746.709
type
Amendments tabled in committee
body
EP
events/0/date
Old
2023-02-28T00:00:00
New
2023-02-27T00:00:00
events/0/date
Old
2023-02-27T00:00:00
New
2023-02-28T00:00:00
events/1
date
2023-03-29T00:00:00
type
Committee referral announced in Parliament
body
EP
procedure/dossier_of_the_committee
  • AFCO/9/11444
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting committee decision
docs/0
date
2023-02-28T00:00:00
docs
title: N9-0022/2023
type
Non-legislative basic document
body
EC
events
  • date: 2023-02-27T00:00:00 type: Non-legislative basic document published body: EC docs: title: N9-0022/2023
procedure/legal_basis
  • Rules of Procedure EP 148
forecasts
  • date: 2023-05-31T00:00:00 title: Indicative plenary sitting date
docs
  • date: 2023-03-14T00:00:00 docs: url: https://www.europarl.europa.eu/doceo/document/AFCO-PR-745273_EN.html title: PE745.273 type: Committee draft report body: EP
committees/0/rapporteur
  • name: DE MEO Salvatore date: 2023-03-22T00:00:00 group: Group of European People's Party abbr: EPP