View source for European Parliament Committee on Economic and Monetary Affairs

{{Short description|Committee of the European Parliament}}
The '''Committee on Economic and Monetary Affairs''' (ECON) is a [[Committees of the European Parliament|committee 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 the [[European Central Bank]], and the international financial system.

Since the establishment of the [[Economic and Monetary Union of the European Union|Economic and Monetary Union]] (EMU), one of the most important function of this committee has been the oversight of the [[European 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.<ref>{{Cite web|url=https://www.bloomberg.com/news/articles/2019-04-09/ecb-needs-more-scrutiny-from-european-parliament-report-says|title=ECB Needs More Scrutiny From European Parliament, Report Says|last=Piotr Skolimowski|date=April 2019|website=www.bloomberg.com|access-date=2019-10-06}}</ref> Every three months, the [[President of the European Central Bank|President]] 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 from [[Member of the European Parliament|MEP]]s. These proceedings, usually called the "monetary dialogue", are webstreamed and a transcript is made available on both the Parliament and ECB websites.<ref>{{Cite web|url=https://www.europarl.europa.eu/thinktank/fr/document.html?reference=IPOL_IDA(2014)518753|title=Monetary Dialogue 2009-2014: Looking Backward, Looking Forward, Monetary Dialogue, March 2014 - Think Tank|website=www.europarl.europa.eu|language=en|access-date=2019-10-06}}</ref>

The European Parliament's ECON Committee also plays an advisory role in the appointments of the President and board members of the ECB.<ref>{{Cite web|url=https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_STU(2019)638413|title=European Central Bank appointments: Role of the European Parliament - Think Tank|website=www.europarl.europa.eu|language=en|access-date=2019-10-06}}</ref>

==[[Tenth European Parliament|Tenth Legislature]]==
===Members of the Bureau===
{| class="wikitable"
! style="width:250px;" | Position
! style="width:120px;" | Name
! style="width:120px;" | Political group
! style="width:100px;" | Country
|-
| Chair
| [[Aurore Lalucq]]
| [[S&D]]
| {{Flag|France}}
|-
| Vice-chair
| [[Damian Boeselager]]
| [[Greens–European Free Alliance|Greens/ALE]]
| {{Flag|Germany}}
|-
| Vice-chair
| [[Ľudovít Ódor]]
| [[Renew Europe|RE]]
| {{Flag|Slovakia}}
|-
| Vice-chair
| [[Luděk Niedermayer]]
| [[European People's Party|EPP]]
| {{Flag|Czechia}}
|-
| Vice-chair
| [[Marlena Maląg]]
| [[European Conservatives and Reformists Group|ECR]]
| {{Flag|Poland}}
|}

==[[Ninth European Parliament|Ninth legislature]]==

===Members of the bureau===

{| class="wikitable"
!Position
!Name
!Political Group
!Country
|-
|Chair
|[[Irene Tinagli]]
|S&D
|{{Flag|Italy}}
|-
|1st Vice-chair
|[[Brian Hayes (politician)|Luděk Niedermayer]]
|EPP
|{{Flag|Czech Republic}}
|-
|Vice-chair
|[[Stéphanie Yon-Courtin]]
|Renew Europe
|{{Flag|France}}
|-
|Vice-chair
|[[Derk Jan Eppink]]
|ECR
|{{Flag|Netherlands}}
|-
|Vice-chair
|[[José Gusmão]]
|GUE/NGL
|{{Flag|Portugal}}
|}

==[[Eighth European Parliament|Eighth legislature]]==

===Members of the bureau===

{| class="wikitable"
!Position
!Name
!Political Group
!Country
|-
|Chair
|[[Roberto Gualtieri]]
|S&D
|{{Flag|Italy}}
|-
|Vice-chair
|[[Brian Hayes (politician)|Brian Hayes]]
|EPP
|{{Flag|Ireland}}
|-
|Vice-chair
|[[Peter Simon (politician)|Peter Simon]]
|S&D
|{{Flag|Germany}}
|-
|Vice-chair
|[[Kay Swinburne]]
|ECR
|{{Flag|United Kingdom}}
|-
|Vice-chair
|[[Luděk Niedermayer]]
|EPP
|{{Flag|Czech Republic}}
|}

==[[Seventh European Parliament|Seventh legislature]]==

===Members of the bureau===

{| class="wikitable"
!Name
!Position
|-
|[[Sharon Bowles]]
|Chair
|-
|[[José García-Margallo y Marfil|José Manuel García-Margallo y Marfil]]
|Vice-chair
|-
|[[Arlene McCarthy]]
|Vice-chair
|-
|[[Theodor Dumitru Stolojan]]
|Vice-chair
|-
|[[Edward Scicluna]]
|Vice-chair
|}

==See also==
* [[List of acronyms: European sovereign-debt crisis]]

==References==
{{Reflist}}

== Further reading ==
* {{cite journal | last = Bouwen | first = Pieter | title = A theoretical and empirical study of corporate lobbying in the European Parliament | journal = European Integration Online Papers | volume = 7 | date = December 2003 | url = http://eiop.or.at/eiop/vol_7_2003.html }} [http://eiop.or.at/eiop/pdf/2003-011.pdf Pdf.]
* {{cite journal | last = Bouwen | first = Pieter | title = The logic of access to the European Parliament: business lobbying in the Committee on Economic and Monetary Affairs | journal = [[Journal of Common Market Studies]] | volume = 42 | issue = 3 | pages = 473–495 | doi= 10.1111/j.0021-9886.2004.00515.x | date = September 2004 | s2cid = 154841544 }}
*European Parliament (2014). "[https://www.europarl.europa.eu/RegData/etudes/IDAN/2014/518753/IPOL_IDA(2014)518753_EN.pdf Monetary Dialogue 2009-2014: Looking Backward, Looking Forward.]"

==External links==
*[http://www.europarl.europa.eu/activities/committees/homeCom.do?language=EN&body=ECON Official Homepage]
*[https://docs.google.com/viewer?a=v&q=cache:x6lPRT1O7zEJ:www.europarl.europa.eu/sides/getDoc.do%3FpubRef%3D-//EP//NONSGML%2BCOMPARL%2BPE-427.983%2B01%2BDOC%2BWORD%2BV0//EN%26language%3DEN+&hl=en&gl=us&pid=bl&srcid=ADGEESgjyAu1V8u1L-3jf_CvzpNBbBjPxR8z7G5dJRWf3esF3Uz90bqg_OYDFl9TyL9BX4ShLpHZXNYyVx2HetLsc4nJv7QPOBsQRtZN_nJc7r9GjdvMiDi2pD7zcezAW69kjs5136Aw&sig=AHIEtbQcv5ouGZ3g3vFSuOlCq7yGVUJx7w Appointment of ECON Committee Chair and Vice-chairs in 2009]
*[http://www.europarl.europa.eu/committees/en/econ/members.html Members of the ECON Committee from the European Parliament ECON Committee website]

{{EuroparlCommittees}}

[[Category:Committees of the European Parliament|Economic]]


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