Economic and Financial Committee

Objections have been raised to the effect that this would mean the Economic and Financial Committee meeting weekly.

The change of the name to the Economic and Financial Committee is an appropriate juncture at which to prompt reform.

The Economic and Financial Committee has an advisory role, yet it has become an institution.

The Economic and Financial Committee the other day also presented its own report to Ecofin.

The renamed Economic and Financial Committee should tilt the balance back to a proper equilibrium.

The European Parliament should be given regular updates on the work of the Economic and Financial Committee.

My committee is would like to know if the status of the Economic and Financial Committee is compatible with independence.

Then the Commission evaluates these plans and the report is sent to the Economic and Financial Committee for comments.

What do you think of the presence of 11 representatives from national central banks of the euro area on the Economic and Financial Committee?

This is why the tasks facing the Economic and Financial Committee are no longer the same as those of the Monetary Committee.

We asked the Economic and Financial Committee and the Commission to work these principles out further so we can have another discussion at ministerial level.

But the bankers are fully paid-up members of the Economic and Financial Committee and their reflexes betray a strong national bias.

Yet the name of the Economic and Financial Committee projected an image of a place of reflection extending beyond mere monetary matters.

We want to be consulted on the status of the Economic and Financial Committee, rather than being simply informed of the membership of that Committee.

Representative of Jordan at the United Nations in New York (Economic and Financial Committee) from 1973-1978.

In fact, the Treaty does not lay down that each Member State should necessarily be represented by two members elected to the Economic and Financial Committee.

We urge it to define an unambiguous connection between the work of the Economic and Financial Committee and the Employment Committee.

From the standpoint of the Commission, there can be no continuity between the Monetary Commission and the Economic and Financial Committee.

As a member of the Economic and Financial Committee (formerly the Monetary Committee) he was involved in all negotiations concerning the creation of the euro.

We also call on it to seek a merger between the Economic and Financial Committee and the Committee on Economic Policy.

This brings me to my second set of comments which, I assure you, will be very much shorter; these concern the role of the Economic and Financial Committee.

Its chairman is Thomas Wieser, who is also chairman of the EU's Economic and Financial Committee.

Maybe that restriction on the Commission's competence will come about after all, if the composition of the Economic and Financial Committee is established as it stands in the current proposal.

The Commission proposal concerning the composition of the Economic and Financial Committee due to succeed the Monetary Committee actually conveys an innocent impression of continuity.

I also think that the Economic and Financial Committee should prepare and monitor meetings of the Euro Council, now known as the "Euro 11' .