Changes between two versions
What changed between the plenary report and the adopted text
AI:What changed, in short
Adds a solidarity statement with the US Federal Reserve and a concern about high living costs.34 Tightens the ECB's climate mandate to price stability only and adjusts market neutrality language.56 Expands the digital euro section, emphasizing inclusion and EU sovereignty.7 The other changes are formal: punctuation and decimal separators.12
5 changes of substance · 2 formal · 0 of wording only
Written by AI from the two texts only · read the changes before relying on it · 4 Sept 2026 · Report a problem
Changes to the text itself, in document order. Cover page, citations and punctuation-only edits are left out; they are under “Every difference”.
Changes of substance · 5
Change 3 Substance
AI summary:Adds a paragraph echoing solidarity with the US Federal Reserve and stressing central bank independence.
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Added:7. Echoes the statement of solidarity with the US Federal Reserve made by the ECB and central banks worldwide underlining the importance of preserving central bank independence, with full respect for the rule of law and democratic accountability;
Change 4 Substance
AI summary:Adds a paragraph expressing concern over high cost of living, noting meal prices one-third higher than pre-pandemic.
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Added:11. Expresses concern over the high cost of living, as food and energy prices have increased in Europe since the COVID-19 pandemic; notes that, on average, the price of a meal in the euro area in 2025 was one-third higher than before the pandemic, and that this has particularly affected low-income households;
Change 5 Substance
AI summary:Adds 'only' to specify that the ECB should consider climate effects solely from a price stability perspective.
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Changed:20.22. Underlines that the ECB should only consider the potential effects of climate change from a price stability perspective and from within its mandate;
Change 6 Substance
AI summary:Removes 'in several instances' and adds 'as apolitical as possible' regarding market neutrality.
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Changed:21.23. Notes that the concept of market neutrality is related to the principle of ‘an open market economy with free competition’; invites the ECB, while respecting its independence, to address market failures and ensure the efficient allocation of resources over a long-term horizon, while remaining as apolitical as possible, respecting market neutrality in several instances;neutrality; highlights that such decisions must not be made at the expense of achieving the ECB’s mandate;
1 more change of substance
Change 7 Substance
AI summary:Replaces a brief note on digital euro discussions with two paragraphs stressing universal access and EU monetary sovereignty.
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Removed:23. Takes note of the ongoing discussions on the digital euro;
Added:25. Recalls that equal access to payment services is essential for participation in economic life; underlines that the increasing digitalisation of payments, if left exclusively to private and non-EU actors, risks creating new forms of exclusion for both users and merchants; stresses that an online and offline digital euro should contribute to safeguarding universal access to payments and broad acceptance by merchants across the EU, while fully respecting privacy and data protection standards;
Added:26. Welcomes the ongoing discussions on the digital euro; underlines that, in a context of heightened geopolitical uncertainty and excessive dependence on non-EU payment infrastructures, the introduction of a digital euro, designed to complement cash and private banking services, is essential to strengthen EU monetary sovereignty, reduce fragmentation in retail payments and support the integrity and resilience of the single market;
2 formal changes: legal basis, citations, references, corrections
Change 1 Formal
AI summary:Replaces decimal commas with decimal points in inflation figures.
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Changed:A. whereas, according to Eurostat, EU annual inflation stood at 2.52,5 % and euro area inflation at 2.12,1 % in October 2025, as measured by the harmonised index of consumer prices;
Change 2 Formal
AI summary:Removes a stray semicolon after 'Instrument'.
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Changed:E. whereas the ECB’s boundaries in purchasing government debt have been widening steadily, from the Securities Market Programme to Outright Monetary Transactions, as well as the Public Sector Purchase Programme, the Pandemic Emergency Purchase Programme (PEPP) and the Transmission Protection Instrument3;Instrument;