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Work-in-progress table (ITER listing)

05-03-2015 - 17:42


BUDG-ECON joint meeting on 20 April: : adoption of joint report on European Fund for Strategic Investments

15-04-2015 - 12:35

The BUDG and ECON committees will vote on a joint report on the European Fund for Strategic Investments and seek a mandate for negotiations with the Council.
1395 amendments have been tabled by the members of the joint committee in addition to the draft report.
The vote will also include the opinions of 8 committees associated under rule 53 and 2 under rule 54.
Negotiations with Council will start on April 23 with the aim to go to plenary in June.

Monday, 20 April from 16:45-18:30, room JAN 2Q2

Open call for tender for the provision of external expertise in the field of banking supervision and resolution ("Expert Panel on Banking Union")

13-04-2015 - 13:37

The EP's Committee on Economic and Monetary Affairs (ECON) and especially the Banking Union Working Group (BUWG) established by ECON seeks independent expert advice in the field of banking supervision and resolution. The chosen experts will be asked to regularly contribute to the preparations of the hearings in the framework of the Single Supervisory Mechanism and the Single Resolution Mechanism as well as for any other purpose arising from the on-going works of the BUWG. The expertise will be requested 3-6 times per year mainly in the form of briefing notes (EUR 4,000 per paper) and related services as appropriate. The official call for tender notice can be found in the Official Journal of the EU. The tender documents can be downloaded at The closing date for the submission of tenders is 21 May 2015.

ECON meeting on 14 April: : Scrutiny of delegated acts and implementing measures

10-04-2015 - 10:00

The following topics will be discussed at the scrutiny slot:
Bank Recovery and Resolution Directive (BRRD)
Draft Regulatory Technical Standards on criteria for determining the minimum requirement for own funds and eligible liabilities (MREL) under BRRD

Capital Requirements Directive and Regulation (CRD IV / CRR)
Credit Valuation Adjustment (CVA) under CRR
Sound remuneration policies under CRD IV
Draft Implementing Technical Standards on the mapping of ECAIs' credit assessments under Article 136(1) and (3) of CRR

Tuesday, 14 April from 9:00-11:00, room JAN 6Q2

ECON meeting on 14 April: Appointment of the President of the Board of European Financial Reporting Advisory Group (EFRAG)

10-04-2015 - 09:44

The European Financial Reporting Advisory Group (EFRAG) advices the Commission on all issues relating to the application of IFRS in the EU. The governance reform of the EFRAG implemented 2014  led also to the creation of a high-level Board. The President of the Board is nominated by the Commission after having heard the European Parliament and the Council. The Commission proposed Mr. W. Klinz as candidate. The hearing of the candidate will take place on 14 April from 15:00-15:45.

Tuesday, 14 April from 15:00-15:45, room JAN 6Q2

Latest press releases


Commission's economic decision making needs to become more neutral, say MEPs

ECON 14-04-2015 - 15:29

The European Commission’s economic decision-making needs to become more neutral, MEPs said in an Economic and Monetary Affairs Committee debate with Commission Vice-President for the euro Valdis Dombrovskis and Economic and Financial affairs Commissioner Pierre Moscovici on Tuesday. MEPs also voiced concern about the low implementation of the Commission’s country-specific recommendations and asked what it would do about high current account surpluses in Germany and other exporting countries. (Read more)


Economic affairs MEPs target conflicts of interest in benchmark setting

ECON 31-03-2015 - 12:10

A draft EU law to make the benchmarks used to price EU citizens’ mortgages, loans and bonds more trustworthy was backed by the Economic and Monetary Affairs Committee on Tuesday. The text (lead MEP Cora van Nieuwenhuizen, ALDE, NL) aims to clean up the benchmark-setting process, by curbing conflicts of interest like those that led to the London Interbank Offered Rate (LIBOR) rigging scandals of recent years. (Read more)


Greece should resume policy dialogue and agree on reforms, Draghi tells MEPs

ECON 23-03-2015 - 18:49

The European Central Bank’s expanded asset purchase programme, better known as “quantitative easing” (QE), is starting to make headway across the EU, ECB President Mario Draghi told Economic and Monetary Committee MEPs on Monday. Mr Draghi also reported on the tough negotiations with Greece and outlined what it would take for the ECB to reinstate the waiver for buying Greek state bonds on the secondary market, so as to enable QE to benefit Greece, too. (Read more)

Useful documents

Upcoming broadcasts

20-04-2015 15:00 / 16:45 ECON
20-04-2015 16:45 / 18:30 ECON BUDG

Multimedia Library

14-04-2015 - 16:01
ECON Meeting
14-04-2015 - 15:36
ECON Meeting

Welcome words

Welcome to the Committee on Economic and Monetary Affairs (ECON). The Committee is responsible for Economic and monetary Union (EMU), the regulation of financial services, the free movement of capital and payments, taxation and competition policies, and the international financial system.

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