Where the law stands, Dossier 2023/0208(COD)
Legal tender of euro banknotes and coins
Ordinary legislative procedure (COD): Parliament and the Council decide together as equals. · First reading
A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.
Where it stands
Plenary vote
Parliament’s negotiators are talking to the Council (last trilogue 10 September 2026); the plenary vote on the outcome is still to come.
- Referred to committee(done) 13 July 2023
- Committee work(done) Report adopted 23 June 2026
- Tabled for plenary(done) 26 June 2026
- Plenary vote Awaiting the vote
- Negotiations with the Council Trilogue 10 September 2026
- Published as law(to come)
No plenary decision on this dossier is in our records yet.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Fernando Navarrete Rojas (EPP)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Nikos Papandreou (S&D), Auke Zijlstra (Patriots), Stephen Nikola Bartulica (ECR), Gilles Boyer (Renew), Damian Boeselager (Greens), Pasquale Tridico (The Left), Rada Laykova (ESN)
The text, version by version
Newest first.
Tabled for plenary· 26 Jun 2026
AI summary:Parliament's amended version of a proposed regulation on the legal tender of euro banknotes and coins. It defines mandatory acceptance at full face value, bans surcharges, and lists exceptions where payees may refuse cash.
Committee draft· 3 Nov 2025
Committee draft· 11 Jan 2024
AI summary:This is the rapporteur's draft report on the Commission proposal for a regulation on the legal tender of euro banknotes and coins. It adopts a first-reading position with amendments.
Timeline
Newest first.
Negotiations with the Council 3 steps
10 September 2026
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
13 July 2026
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
8 July 2026
Plenary endorsed the mandate to negotiate with the Council
Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).
Plenary stage 1 step
26 June 2026
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 5 steps
23 June 2026
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
19 December 2025
Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
3 November 2025
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
11 January 2024
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
13 July 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2023/0208(COD)