Committee on Economic and Monetary Affairs

Committee on Economic and Monetary Affairs

The Committee on Economic and Monetary Affairs (ECON) is a committee of the European Parliament.

Since Economic and Monetary Union (EMU), the most important function of this Committee (EMAC) has been in relation to the European Central Bank (ECB). Although guaranteed independence under the Treaty, the ECB is accountable for its actions to EMAC. Every three months, the President of the Bank, or occasionally his deputy, appears before the Committee to report on monetary policy; both actions taken, and future prospects. He then answers question from MEPs. These proceedings are televised; a verbatim report appears immediately on both the Parliament and ECN websites.

External links


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Economic and Monetary Union of the European Union — In economics, a monetary union is a situation where several countries have agreed to share a single currency amongst themselves. The European Economic and Monetary Union (EMU) consists of three stages coordinating economic policy and culminating… …   Wikipedia

  • Committee on Culture and Education — CULT redirects here. For other uses, see Cult (disambiguation). The Committee on Culture and Education (CULT) is a committee of the European Parliament. Contents 1 Responsibilities of the Committee 2 Parliament s activities 3 Members …   Wikipedia

  • Committee on Agriculture and Rural Development — The Committee on Agriculture and Rural Development (AGRI) is a committee of the European Parliament. Responsibilities of the Committee AGRI is the European Parliament committee responsible for: The operation and development of the Common… …   Wikipedia

  • Committee on Civil Liberties, Justice and Home Affairs — The Committee on Civil Liberties, Justice and Home Affairs (LIBE) is a standing committee of the European Parliament. External links Official webpage …   Wikipedia

  • Committee on Transport and Tourism — The Committee on Transport and Tourism (TRAN) is a committee within the European Parliament. External links Official homepage …   Wikipedia

  • Committee on Monetary and Financial Affairs — African Union This article is part of the series: Institutions Casablanca Group Uni …   Wikipedia

  • Committee on Health, Labour, and Social Affairs — African Union This article is part of the series: Institutions Casablanca Group Uni …   Wikipedia

  • Committee on Justice and Human Rights — African Union This article is part of the series: Institutions Casablanca Group Uni …   Wikipedia

  • United Nations Economic and Social Council — Infobox UN name = United Nations Economic and Social Council caption = The room of the United Nations Economic and Social Council. UN headquarters, New York type = Primary Organ acronyms = ECOSOC head = President of ECOSOC (one year term) As of… …   Wikipedia

  • Committee on Foreign Affairs (EU) — European Union This article is part of the series: Politics and government of the European Union …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”