The ECB also welcomed the proposed flexibility of the legislative process .

Codification must be undertaken in full compliance with the normal Community legislative procedure .

Before proposing European legislative acts, the Commission shall consult widely.

In fact, the basic safeguards in the directive from 1980 does not make any distinction between different types of worker in terms of the protection guarantee.

It plays a role in the European legislative process , although it has different prerogatives depending on the decision making procedure used .

SARIDAKIS (PPE). (GR) Mr President, my colleague Mr Chanterie has already made clear the position of the European People's Party on the subject of the relations of the European Parliament with the Council.

The process for adoption of the legislative provision is suspended during the period of consultation , although certain steps in the national legislative process can still be taken .

agreements covering fields to which either the ordinary legislative procedure applies, or the special legislative procedure where consent by the European Parliament is required.

For the purposes of this Protocol, x2018 draft European legislative acts x2019 shall mean proposals from the Commission, initiatives from a group of Member States, initiatives from the European Parliament, requests from the Court of Justice, recommendations from the European Central Bank and requests from the European Investment Bank for the adoption of a European legislative act.

For the purposes of this Protocol, x2018 draft European legislative acts x2019 shall mean proposals from the Commission, initiatives from a group of Member States, initiatives from the European Parliament, requests from the Court of Justice, recommendations from the European Central Bank and requests from the European Investment Bank for the adoption of a European legislative act.

deliver its opinion . stage in national legislative process

the agreement stipulates how the loss will be shared among the parties concerned in the event of its being activated . Lump sum allowance a fixed amount which an institution deducts in the calculation of its reserve requirement within the minimum reserve framework of the Eurosystem .

the stage that it has reached in the national legislative process

Money market the market in which short term funds are raised , invested and traded using instruments which generally have an original maturity of up to one year .

When considering draft legislative acts, the European Parliament and the Council shall refrain from adopting acts not provided for by the relevant legislative procedure in the area in question.

Inflation targeting a monetary policy strategy aimed at maintaining price stability by focusing on deviations in inflation forecasts from a published inflation target .

It includes a reference value for monetary growth and a number of models in which monetary and credit developments play a role in determining or projecting price developments .

I can confirm that the European Central Bank remains fully committed to European financial integration .

As the representative of the social partners and organised civil society, the European Economic and Social Committee also wishes to highlight the slowness of the legislative process for the proposal for a Regulation implementing Regulation No 883 2004.

It is in fact essential for the European Parliament to continue, even with certain imperfections or errors, to call the attention of the other Community institutions and even of the Member Staes ot the need to pursue the social dimension speedily and steadfastly.

It is a part of the legislative process , though with different prerogatives according to the procedures through which EU law is to be enacted .

If I stress this distinction it is because I see a temptation to mix the issues, to make good one deficit by aggravating the other, to get the European Parliament and national parliaments locked in a senseless conflict over the notion of parliamentary sovereignty, when what we should be doing is seeking better ways, each of us, to monitor the exercise of European sovereignty.

If the draft European legislative act originates from the Court of Justice, the European Central Bank or the European Investment Bank, the President of the Council shall forward the opinion to the institution or body concerned.

Chen Gongbo, Head of the Legislative Yuan.

Where Part III provides for European laws and framework laws to be adopted by the Council in accordance with a special legislative procedure, the European Council may adopt a European decision allowing for the adoption of such European laws or framework laws in accordance with the ordinary legislative procedure.

It is frankly absurd. I fail to understand how the Council can come out in public with these figures just a few days aways from the Intergovernmental Conference.

LANE (RDE). Mr President, I would also like to compliment the rapporteur Mr Hoon on the proposed directive on money laundering.

FALCONER process, and moreover wc wish to propose to Parliament that the Committee on Legal Affairs should be charged with a special duty of supplying information both for the European Parliament and for national parliaments.

Save in urgent cases for which due reasons have been given, no agreement may be reached on a draft European legislative act during those six weeks.

The European Parliament shall meet in public, as shall the Council when considering and voting on a draft legislative act.

As the ordinary legislative procedure applies to each of them, the combination of the legal bases chosen fully respects the prerogatives of the European Parliament.

The Lamfalussy framework is based on an innovative four level approach to financial legislation the basic principles of the legislation are still laid down by way of the normal legislative process , with adoption by the European Parliament and the Council ( level 1 ) .

If the draft European legislative act originates from the Court of Justice, the European Central Bank or the European Investment Bank, the President of the Council shall forward the reasoned opinion or opinions to the institution or body concerned.

European laws and framework laws adopted under the ordinary legislative procedure shall be signed by the President of the European Parliament and by the President of the Council.

The legislative process can also bolster the diplomatic influence of the Independent Association of Latin America and the Caribbean at the UN climate talks.

SIMMONDS (ED). On a point of order, Madam President.

Chart 2 Timetable time NATIONAL LEGISLATIVE PROCESS Initiation of legislative process Member State can set time limit for ECB 's opinion ( minimum of one month , unless extremely urgent and reasons given ) ECB can request extension of up to 4 weeks Adoption of legislative provision .

After such review, the Commission or, where appropriate, the group of Member States, the European Parliament, the Court of Justice, the European Central Bank or the European Investment Bank, if the draft European legislative act originates from them, may decide to maintain, amend or withdraw the draft.

A European regulation shall be a non legislative act of general application for the implementation of legislative acts and of certain provisions of the Constitution.

It is noted that Article 4 does not appear to preclude national authorities from taking steps in accordance with their legislative procedures that do not affect the substance of the draft legislative provisions .

With the cooperation procedure which began in 1987, the European Parliament has been able to influence Community legislation on the subjets of the single internal market and has tabled more amendments to regulations and directives than the national parliaments.

The people experimenting with participation don't have legislative power, and the people who have legislative power are not experimenting with participation.

The draft directive on phytopharmaceutical products may be regarded as an example of this and as a barometer for appraising the real position of the various institutions in the legislative procedure.

VITALONE. (IT) Mr President, I want somehow to avoid the disagreeable feeling of making a point of order and trying to get out of replying a question whose political implications I fully realize and grasp.

But any process of integration, whether European or global, requires some adjustment of domestic preferences and laws.