Full text 
Procedure : 2007/0092(CNS)
Document stages in plenary
Document selected : A6-0243/2007

Texts tabled :


Debates :

PV 20/06/2007 - 3
CRE 20/06/2007 - 3

Votes :

PV 20/06/2007 - 5.6
Explanations of votes
Explanations of votes

Texts adopted :


Texts adopted
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Wednesday, 20 June 2007 - Strasbourg
Adoption by Malta of the single currency on 1 January 2008 *

European Parliament legislative resolution of 20 June 2007 on the proposal for a Council decision in accordance with Article 122(2) of the Treaty on the adoption by Malta of the single currency on 1 January 2008 (COM(2007)0259 – C6-0150/2007 – 2007/0092(CNS))

(Consultation procedure)

The European Parliament,

–   having regard to the Commission proposal to the Council (COM(2007)0259),

–   having regard to the Commission convergence report 2007 on Malta (COM(2007)0258) and the European Central Bank convergence report of May 2007,

–   having regard to the Commission staff Working document Accompanying document to the Report from the Commission Convergence Report 2007 on Malta (SEC(2007)0622),

–   having regard to its resolution of 1 June 2006 on the enlargement of the euro zone(1),

–   having regard to Article 122(2) of the EC Treaty, pursuant to which the Council consulted Parliament (C6-0150/2007),

–   having regard to Rule 51 of its Rules of Procedure,

–   having regard to the report of the Committee on Economic and Monetary Affairs (A6-0243/2007),

1.  Approves the Commission proposal;

2.  Favours the adoption of the euro by Malta on 1 January 2008;

3.  Calls on the Member States to allow the Commission to assess compliance with the Maastricht criteria on the basis of definite, current, reliable, and high-quality data;

4.  Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament;

5.  Asks the Council to consult Parliament again if it intends to amend the Commission proposal substantially;

6.  Instructs its President to forward its position to the Council, the Commission and the governments of the Member States.

(1) OJ C 298 E, 8.12.2006, p. 249.

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