Where the law stands, Dossier 2025/2182(INI)
European Central Bank – annual report 2025
Own-initiative report (INI): Parliament’s own position on a topic. It is not binding. · First reading
Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.
Where it stands
Parliament’s position
Parliament adopted the text on 10 February 2026. This is its final position on the matter.
- Referred to committee(done) 9 October 2025
- Committee work(done) Report adopted 15 January 2026
- Tabled for plenary(done) 16 January 2026
- Plenary vote(done) Adopted 10 February 2026
- Parliament’s position(done) Final
Decided in plenary
10 February 2026 · decision 9
Economy & single market, Resolution
European Central Bank – annual report 2025
Adopted 443 for · 71 against · 117 abstained by a large majority
AI summary:The resolution stresses the ECB's primary mandate of price stability and its statutory independence, while calling for enhanced transparency and accountability to Parliament.
What changed
Latest Tabled for plenary → Adopted by Parliament
AI summary:Adds a solidarity statement with the US Federal Reserve and a concern about high living costs. Tightens the ECB's climate mandate to price stability only and adjusts market neutrality language. Expands the digital euro section, emphasizing inclusion and EU sovereignty. The other changes are formal: punctuation and decimal separators.
Committee draft → Tabled for plenary
AI summary:Updates inflation data and adds new recitals on expectations, balance sheet, and deflation. Revises monetary policy stance: welcomes rate cuts, urges prudent easing, and calls for assessment of target. Adds calls for reducing balance sheet, reviving interbank markets, and monitoring crypto-assets. Expands on secondary objectives: public finances, TARGET2, climate, and market neutrality. Adds institutional and operational items: Bulgaria, T2 outage, financial literacy, and governance.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Johan van Overtveldt (ECR)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Ralf Seekatz (EPP), Carla Tavares (S&D), Auke Zijlstra (Patriots), Vlad Vasile-Voiculescu (Renew), Mep #96725 (Greens), Jussi Saramo (The Left), Rada Laykova (ESN)
The text, version by version
Newest first.
Adopted by Parliament· 10 Feb 2026
AI summary:This resolution on the European Central Bank's 2025 annual report addresses governance, monetary policy, and other ECB activities. It stresses the ECB's primary mandate of price stability, its independence, and accountability to Parliament.
Tabled for plenary· 16 Jan 2026
AI summary:The report on the European Central Bank's 2025 annual report covers governance, monetary policy, secondary objectives, and other aspects. It stresses the ECB's primary mandate of price stability, its independence, and accountability to Parliament.
Committee draft· 14 Oct 2025
AI summary:This draft report on the European Central Bank's 2025 annual report addresses governance, monetary policy, secondary objectives, and other aspects. It recalls the ECB's primary mandate of price stability and its independence, and invites the ECB to revise its inflation target and reduce its role in sovereign debt markets.
Timeline
Newest first.
Plenary stage 4 steps
10 February 2026
Plenary vote
Sitting of 10 Feb 2026 Report A10-0002/2026Adopted text TA10-0034/2026
9 February 2026
Debated in plenary
MEPs debated the text in the chamber ahead of the vote.
3 February – 4 February 2026
41 amendments tabled for the plenary vote
Groups propose changes to the tabled text; each is voted on before the final vote.
Amendments 1–4Amendment 5Amendment 6Amendment 7Amendments 8–17Amendments 18–27Amendments 28–35Amendment 36Amendments 37–39Amendments 40–41
16 January 2026
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 4 steps
15 January 2026
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
11 November 2025
Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
14 October 2025
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
9 October 2025
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2025/2182(INI)