The EPP-ED Group works in the Committee on Economic and Monetary Affairs to reconcile different interests with a view to promoting a common goal: the improvement of the efficiency of the EU economy and the increase of living standards in the EU.
We are striving for a European Union that is competitive in world markets, and that is capable of producing wealth for its citizens to ensure the social well-being of all. The sustainability of our economies - especially in view of the demographic challenge - and globalisation are key elements of our economic policies.

PRESS RELEASES

02/09/2008	Vorhandenes Potential bei der Bekämpfung des Steuerbetrugs in der EU nutzen/ Use of existing potential to fight against fiscal fraud in the EU. Werner Langen MEP
09/07/2008	Positive Arbeitsbilanz der Europäischen Zentralbank/ Positive evaluation of work of European Central Bank. Thomas Mann MEP
05/06/2008	Retail Banking: More choices and lower prices for financial services for consumers and SMEs. Othmar Karas MEP
30/05/2008	2009 accession of Slovakia to the Euro zone comes too early. Werner Langen MEP and Alexander Radwan MEP
06/05/2008	EP-Wirtschaftsausschuss sollte wichtige Rolle beim Bürokratieabbau übernehmen/ Economic Affairs Committee should be at the forefront in cutting bureaucracy. Christoph Konrad MEP

SESSION NEWS

Challenge of sovereign wealth funds

An Oral Question put forward by the Economic and Monetary Affairs Committee during July's plenary session seeks clarification for the future role of Sovereign Wealth Funds, particularly with regard to the so-called sub prime crisis. The EPP-ED-Group is of the opinion that possible regulations of these funds might be useful but must not lead to disadvantages for the European financial industry. It is therefore deemed necessary to find global solutions to the open questions around these financial instruments, and the Commission is asked to monitor these funds.

The annual European Central Bank report for 2007 has been adopted. EPP-ED spokesperson Thomas Mann MEP (Germany) said: "It is to the ECB's credit that it has internationally established the Euro, and that it has not deviated at any stage, from striving for price-stability, as its most important goal. Press release

VIDEO

Watch the video on 10 years of European Economic and Monetary Union, including interviews with Werner Langen MEP, Theodor Waigel, former German Minister for Finance, Yves Thibault de Silguy, former Commissioner for Economic and Monetary Affairs, and coverage of the Committee on Economic and Monetary Affairs Monetary dialogue session with ECB President Jean-Claude Trichet.

Video: 10 years of success of the euro and future challenges

MONETARY DIALOGUE

On Wednesday 25th June, European Central Bank chief Jean-Claude Trichet met the Committee for this year's second Monetary Dialogue. The session's topic: "Safeguarding general support and legitimacy of monetary policy during times of economic distress in a monetary union".

Access to the European Parliament's Monetary Dialogue site and briefing papers

FINANCIAL SERVICES SUPERVISION

Position paper adopted by EPP-ED Members of the Committee on Economic and Monetary Affairs on financial services supervision

Regulation and supervision are closely inter-connected; failure of either of them generates massive negative externalities for the entire financial system. The two should therefore be treated as integral parts of the same structure...

POLICY

Stability of the economic framework in a competitive and globalised world market
Financial Services
Tax Regimes