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European Parliament Committee on Economic and Monetary Affairs

From Wikipedia, the free encyclopedia
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]

Tenth Legislature

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Members of the Bureau

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PositionNamePolitical groupCountry
ChairAurore LalucqS&DFrance
Vice-chairDamian BoeselagerGreens/ALEGermany
Vice-chairĽudovít ÓdorRESlovakia
Vice-chairLuděk NiedermayerEPPCzechia
Vice-chairMarlena MalągECRPoland

Ninth legislature

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Members of the bureau

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PositionNamePolitical GroupCountry
ChairIrene TinagliS&DItaly
1st Vice-chairLuděk NiedermayerEPPCzech Republic
Vice-chairStéphanie Yon-CourtinRenew EuropeFrance
Vice-chairDerk Jan EppinkECRNetherlands
Vice-chairJosé GusmãoGUE/NGLPortugal

Eighth legislature

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Members of the bureau

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PositionNamePolitical GroupCountry
ChairRoberto GualtieriS&DItaly
Vice-chairBrian HayesEPPIreland
Vice-chairPeter SimonS&DGermany
Vice-chairKay SwinburneECRUnited Kingdom
Vice-chairLuděk NiedermayerEPPCzech Republic

Seventh legislature

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Members of the bureau

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NamePosition
Sharon BowlesChair
José Manuel García-Margallo y MarfilVice-chair
Arlene McCarthyVice-chair
Theodor Dumitru StolojanVice-chair
Edward SciclunaVice-chair

See also

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References

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  1. ^Piotr Skolimowski (April 2019)."ECB Needs More Scrutiny From European Parliament, Report Says".www.bloomberg.com. Retrieved2019-10-06.
  2. ^"Monetary Dialogue 2009-2014: Looking Backward, Looking Forward, Monetary Dialogue, March 2014 - Think Tank".www.europarl.europa.eu. Retrieved2019-10-06.
  3. ^"European Central Bank appointments: Role of the European Parliament - Think Tank".www.europarl.europa.eu. Retrieved2019-10-06.

Further reading

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External links

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Delegations


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