Committee of the European Parliament
TheCommittee on Economic and Monetary Affairs (ECON) is acommittee of the European Parliament which is responsible for the regulation of financial services, the free movement of capital and payments, taxation and competition policies, oversight of theEuropean Central Bank, and the international financial system.
Since the establishment of theEconomic and Monetary Union (EMU), one of the most important function of this committee has been the oversight of theEuropean Central Bank (ECB) through the "monetary dialogue". Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee.[1] Every three months, thePresident of the ECB, or occasionally another member of the ECB's executive board, appears before the Committee to report on monetary policy and answer question fromMEPs. These proceedings, usually called the "monetary dialogue", are webstreamed and a transcript is made available on both the Parliament and ECB websites.[2]
The European Parliament's ECON Committee also plays an advisory role in the appointments of the President and board members of the ECB.[3]
Members of the Bureau
[edit]Members of the bureau
[edit]Members of the bureau
[edit]Members of the bureau
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