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From the 2002 CONSOLIDATED VERSION OF THE TREATY ESTABLISHING THE EUROPEAN COMMUNITY [PDF]
PART ONE

PRINCIPLES

Article 11

2. ... When enhanced cooperation relates to an area covered by the procedure referred to in Article 251 [this refers to the codecision procedure] of this Treaty, the assent of the European Parliament shall be required [otherwise the EP is simply consultative].

TITLE VII

ECONOMIC AND MONETARY POLICY

CHAPTER 2

MONETARY POLICY

Article 105

6. The Council may, acting unanimously on a proposal from the Commission and after consulting the ECB and after receiving the assent of the European Parliament, confer upon the ECB specific tasks concerning policies relating to the prudential supervision of credit institutions and other financial institutions with the exception of insurance undertakings.

Article 107

5. Articles 5.1, 5.2, 5.3, 17, 18, 19.1, 22, 23, 24, 26, 32.2, 32.3, 32.4, 32.6, 33.1(a) and 36 of the Statute of the ESCB may be amended by the Council, acting either by a qualified majority on a recommendation from the ECB and after consulting the Commission or unanimously on a proposal from the Commission and after consulting the ECB. In either case, the assent of the European Parliament shall be required.

TITLE XVII
ECONOMIC AND SOCIAL COHESION

Article 161
Without prejudice to Article 162 [according to which codecision applies], the Council, acting unanimously on a proposal from the Commission and after obtaining the assent of the European Parliament and consulting the Economic and Social  Committee and the Committee of the Regions, shall define the tasks, priority objectives and the organisation of the Structural Funds, which may involve grouping the Funds. The Council, acting by the same procedure, shall also define the general rules applicable to them and the provisions necessary to ensure their effectiveness and the coordination of the Funds with one another and with the other existing Financial Instruments.

...

From 1 January 2007, the Council shall act by a qualified majority on a proposal from the Commission after obtaining the assent of the European Parliament and after consulting the Economic and Social Committee and the Committee of the Regions if, by that date, the multiannual financial perspective applicable from 1 January 2007 and the Interinstitutional Agreement relating thereto have been adopted. If such is not the case, the procedure laid down by this paragraph shall apply from the date of their adoption.

The EP can pass a Motion of Censure of the Commission by 2/3 majority (article 201).

The EP approves the Council's nomination of the President of the Commission, and separately approves the composition of the commission as a whole (article 214).

The EP amends each year's budget proposal by the Council and has the final word on it (article 272). It also controls expenditure under an automatic extension of a year's budget into the following year if no budget has been approved. It also "discharges" the Commission on the implementation of the budget (article 276).

The EP approves actions taken according to article 310 [referring to the European Community entering international treaties itself]

I think this answer the diary's question re: [something2].

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Sat Jun 14th, 2008 at 05:31:15 AM EST

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