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.
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 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
Here's one thing that could be demanded (for [something1] in the diary) * On "VISAS, ASYLUM, IMMIGRATION AND OTHER POLICIES RELATED TO FREE MOVEMENT OF PERSONS": Article 67 autorizes the Council to place "all or parts of the areas covered by this title" under the codecision procedure 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
Article 102 1. Any measure, not based on prudential considerations, establishing privileged access by Community institutions or bodies, central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of Member States to financial institutions, shall be prohibited.
