After a series of special committees and a committee of inquiry, created to delve into the various tax leaks and scandals of recent years, Parliament established a more permanent setup to shed light on the matter.

The Economic and Monetary Affairs (ECON) subcommittee on tax matters, FISC, will be composed of 30 members. It will deal particularly with the fight against tax fraud, tax evasion and tax avoidance, as well as financial transparency for taxation purposes.

The constituent meeting will take place on Wednesday, 23 September 2020.

FISC - Subcommittee on Tax Matters

This package contains the events between 1st July 2019 and 31 December 2020. For latest events, see related links.

The ECB President takes part in a regular monetary dialogue with Parliament's Committee on Economic and Monetary Affairs.

The European Central Bank (ECB) is the central institution of the Economic and Monetary Union and has been responsible for conducting monetary policy for the euro area since 1 January 1999. The ECB and the national central banks of all EU Member States constitute the European System of Central Banks.

On 2 July 2019, Christine Lagarde was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank on 1 November 2019.

Monetary dialogue (2019-2020)

The President of the European Central Bank (ECB) takes part four times a year in a monetary dialogue with Parliament's Committee on Economic and Monetary Affairs (ECON) to report on monetary policy and answer question from MEPs.&nbsp;Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee. The European Central Bank is the central institution of the Economic and Monetary Union and has been responsible for conducting monetary policy for the euro area since 1 January 1999 The ECB and the national central banks of all EU Member States constitute the European System of Central Banks.

Monetary dialogue

The European Parliamentary Week (EPW) brings together Parliamentarians from all over the European Union to discuss economic, budgetary and social matters.

The European Parliamentary Week has been held since 2015. In line with the established practice, the European Parliamentary Week consists of the European Semester Conference and the Interparliamentary Conference on Stability, Economic Coordination and Governance in the European Union. This event also includes three interparliamentary committee meetings organised by the European Parliament’s Committees on Economic and Monetary Affairs (ECON), on Employment and Social Affairs (EMPL) and on Budgets (BUDG).

European Parliamentary Week

The Economic and Monetary Affairs Committee holds its first “monetary dialogue” of the year with Christine Lagarde, president of the European Central Bank (ECB). Among the topics likely to be raised by MEPs: the recent decision to keep key interest rates unchanged, monetary policy communication and the gap between actual and perceived inflation

ECON debate with ECB President Lagarde

The President of the European Central Bank (ECB) takes part four times a year in a monetary dialogue with Parliament's Committee on Economic and Monetary Affairs (ECON) to report on monetary policy and answer question from MEPs. Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee. The European Central Bank is the central institution of the Economic and Monetary Union and has been responsible for conducting monetary policy for the euro area since 1 January 1999 The ECB and the national central banks of all EU Member States constitute the European System of Central Banks.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank (ECB)

Teresa RIBERA RODRÍGUEZ was the Third Deputy Spanish Prime Minister and Minister for the Ecological Transition and the Demographic Challenge. She is now Executive Vice-President-designate of the European Commission for a Clean, Just and Competitive Transition, for the von der Leyen Commission II.

Confirmation hearing of Teresa RIBERA RODRÍGUEZ, Executive Vice-President designate, Clean, Just and Competitive Transition

Stéphane Séjourné was a Member of the European Parliament from 2019 to 2024, Chair of the Renew Europe Group of the European Parliament in 2021 and French Minister for Europe and Foreign Affairs in 2024. He is now Executive Vice-President-designate of the European Commission for Prosperity and Industrial Strategy, for the von der Leyen Commission II.

Confirmation hearing of Stéphane SÉJOURNÉ, Executive VIce-President designate, Prosperity and Industrial Strategy

Valdis Dombrovskis was Executive Vice-President of the European Commission in charge of an Economy that works for People, and Commissioner for Trade in the von der Leyen Commission I. He was also Vice-President of the EC in charge of the Euro and Social Dialogue, and in charge of Financial Stability, Financial Services and Capital Markets Union in the Juncker Commission and he is a former Member of the EP. He is now European Commissioner-designate for Economy and Productivity, and European Commissioner-designate for Implementation and Simplification, for the von der Leyen Commission II.

Confirmation hearing of Valdis DOMBROVSKIS, Commisioner-designate for Economy and Productivity Implementation and Simplification

Wopke Hoekstra was Dutch Minister for Finance from 2017 to 2022, Dutch Deputy Prime Minister and Minister for Foreign Affairs from 2022 to 2023 and European Commissioner for Climate Action and acting Commissioner for Transport in the von der Leyen Commission I. He is now European Commissioner-designate for Climate, Net Zero and Clean Growth, for the von der Leyen Commission II.

Confirmation hearing of Wopke HOEKSTRA, Commissioner-designate for Climate, Net Zero and Clean Growth

Maria Luís Albuquerque was the Portuguese Minister for Finance from 2013 to 2015. She is now European Commissioner-designate for Financial Services and the Savings and Investment Union, for the von der Leyen Commission II.

Confirmation hearing of Maria Luís ALBUQUERQUE, Commissioner-designate, Financial Services and the Savings and Investments Union

On Monday, 30 September 2024, the Committee on Economic and Monetary Affairs (ECON) holds its first Monetary Dialogue of the 10th parliamentary term with Christine Lagarde, President of the European Central Bank (ECB). This important session focuses on the ECB's recent monetary policy decisions, following the ECB Governing Council's move on 12 September to lower the key interest rate by 25 basis points, marking a continued shift in policy since June.

In addition to monetary policy, the dialogue will also cover the Capital Markets Union (CMU) and its significance for the ECB's strategies. The Capital Markets Union (CMU) is an initiative aimed at creating a single, integrated capital market across all EU member states. Its primary goal is to make it easier for businesses to access funding, especially small and medium-sized enterprises (SMEs), by diversifying sources of finance beyond traditional banking systems. The CMU seeks to connect savings more effectively with investment opportunities, promote cross-border investments, and deepen financial integration within the EU.

Economic Dialogue with Christine LAGARDE, ECB President - EP Committee on Economic and Monetary Affairs

ECON - Public Hearing on the global role of the euro

ECON ENVI LIBE - Trilogue on Simplification Measures

ECON LIBE -  Kick-off Trilogue on Directive Omnibus

ECON Committee -  Economic Dialogue with Valdis DOMBROVSKIS, Commissioner for Economy and Productivity; Implementation and Simplification

ECON Committee - Exchange of views with Andrew BAILEY, Chair of the Financial Stability Board (FSB)

ECON Committee - Public Hearing on the role of pension funds and insurers in capital markets

ECON - Exchange of views on digital euro project with Piero Cipollone, Member of the Executive Board of the European Central Bank

ECON - Public Hearing on New market entrants in the banking landscape (‘neobanks’) and their impact on the Banking Union

This news item present extracts from the Monetary dialogue between Christine LAGARDE, President of the European Central Bank (ECB) and the Committee on Economic and Monetary Affairs (ECON).

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank (ECB): extracts from the ECON meeting

The Economic and Monetary Affairs Committee (ECON) holds its first “monetary dialogue” of the year with Christine Lagarde, President of the European Central Bank (ECB). Among the topics likely to be raised: the recent decision to keep key interest rates unchanged, monetary policy communication and the gap between actual and perceived inflation. Opening statements by Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE, President of the ECB. This transcription if the result of an automatic process. Please check against delivery.

Monetary Dialogue with the ECB: opening statements by Aurore LALUCQ (S&D, FR), ECON Committee Chair and Christine LAGARDE, President of the European Central Bank

This News item highlights the participation of Christine LAGARDE, President of the European Central Bank (ECB) in a meeting of the Committee on Economic and Monetary Affairs (ECON). Christine LAGARDE is quizzed by MEPs on the recent comments from ECB claiming that they would not provide emergency liquidity for reparations loan in Ukraine. The President of the ECP answers that the treaties can't be violated and that there is a risk of financial instability. The transcription is the result of an automatic process, please check against delivery.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank (ECB): extracts

Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE, President of the European Central Bank (ECB), open the meeting of the Committee on Economic and Monetary Affairs (ECON). This transcription is a result of an automatic process. Please check against delivery.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank (ECB): opening statements by Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE, President of the ECB

Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE, President of the ECB, open the meeting of the Committee on Economic and Monetary Affairs (ECON). Christine Lagarde provided an overview of the current economic situation in the Eurozone, noting that despite heightened uncertainty, the economy has remained resilient. She highlighted that the euro is one of Europe's greatest assets, but in the current geopolitical landscape, there is an opportunity to strengthen the euro's global standing. Lagarde outlined three key foundations to achieve this: creating conditions for sustainable growth and investment, safeguarding investor trust in institutions and policies, and maintaining a commitment to open trade while investing in Europe's security. This transcription if the result of an automatic process. Please check against delivery.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: opening statements by Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE, President of the ECB

The Committee on Economic and Monetary Affairs (ECON) holds this year’s second monetary dialogue with Christine LAGARDE, President of the European Central Bank (ECB). At this occasion, the ECON Committee and the ECB President discuss the quarterly assessment of the ECB's monetary policy.

Monetary dialogue with Christine LAGARDE, President of the ECB: extracts

The Committee on Economic and Monetary Affairs (ECON) holds this year’s second monetary dialogue with Christine LAGARDE, President of the European Central Bank (ECB). At this occasion, the ECON Committee and the ECB President discuss the quarterly assessment of the ECB's monetary policy. Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE, make the opening statements. This transcription is a result of an automatic process. Please check against delivery.

Monetary dialogue with Christine LAGARDE, President of the ECB: opening statements by Aurore LALUCQ (S&D, FR), ECON Committee Chair, and Christine LAGARDE

The Committee on Economic and Monetary Affairs (ECON) holds its regular debate with European Central Bank (ECB) President Christine LAGARDE. MEPs question her on the US shift to protectionism and its impact on the euro area economy, and on the recent decision to lower interest rates, among other issues. This transcription is a result of an automatic process. Please check against delivery.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: opening statements by Aurore LALUCQ (S&D, FR), Chair of ECON Committee, and Christine LAGARDE

Committee on Economic and Monetary Affairs

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