report parliamentary committee draft, 3 February 2026
On the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 472/2013 as regards the economic and budgetary surveillance of Member States in the euro area experiencing or threatened with serious difficulties with respect to their financial stability
Document ECON-PR-784226 · (COM(2025)0593 – C100232/2025 – 2025/0312(COD))
Committee on Economic and Monetary Affairs · Rapporteur: Markus Ferber, Carla Tavares
AI:In short
This is the rapporteur's draft report on a proposal to amend Regulation (EU) No 472/2013 on economic and budgetary surveillance of euro area member states in serious financial difficulty. The draft resolution adopts Parliament's first-reading position and calls on the Commission to refer the matter to Parliament again if it substantially amends its proposal. The amendments delete the words 'as a rule' from Articles 3 and 14 of the regulation, so that the Commission's assessment duties become fixed rather than discretionary.
Position. The rapporteurs propose that Parliament adopt its first-reading position with two amendments deleting 'as a rule' from Articles 3 and 14 of Regulation (EU) No 472/2013 to reduce the Commission's discretionary power.
Key points
- Parliament adopts its first-reading position on the Commission proposal to amend Regulation (EU) No 472/2013.
- Parliament calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.
- Amendment 1 deletes the second subparagraph of Article 3(5), which required the Commission to communicate its assessment every quarter to Parliament's competent committee and the EFC.
- The deletion of 'as a rule' in Articles 3 and 14 aims at reducing the discretionary power of the Commission.
- Amendment 2 replaces 'As a rule, the Commission' with 'The Commission' in Article 14(1b), so the Commission, in liaison with the ECB, shall communicate its assessment every six months to Parliament's competent committee, the EFC and the parliament of the member state concerned.
Who is affected
- The Commission: its assessment duties become fixed rather than discretionary.
- Euro area member states in serious financial difficulty: their parliaments receive the Commission's assessment every six months.
- The European Parliament's competent committee and the EFC: they receive the Commission's assessment every six months.
Figures and deadlines
Legal basis. Article 294(2) and Article 114 of the Treaty on the Functioning of the European Union.
Written by AI from the full text · every figure comes from the text · ¶ opens the paragraph · 25 Sept 2026 · Report a problem
Full text
Draft european parliament legislative resolution 30 paragraphs
(COM(2025)0593 – C10-0232/2025 – 2025/0312(COD))
(Ordinary legislative procedure: first reading)
The European Parliament,
–having regard to the Commission proposal to Parliament and the Council (COM(2025)0593),
–having regard to Article 294(2) and Article 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C100232/2025),
–having regard to Article 294(3) of the Treaty on the Functioning of the European Union,
–having regard to the opinion of the European Central Bank of 18 November 2025,
–having regard to Rule 60 of its Rules of Procedure,
–having regard to the report of the Committee on Economic and Monetary Affairs (A100000/2026),
1.Adopts its position at first reading hereinafter set out;
2.Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;
3.Instructs its President to forward its position to the Council, the Commission and the national parliaments.
Read the rest (18 paragraphs)
Amendment 1
Proposal for a regulation
Article 1 – paragraph 1 – point 3 – point e
Regulation (EU) No 472/2013
Article 3 – paragraph 5 – subparagraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| (e) in paragraph 5, the second subparagraph is replaced by the following: | deleted |
| (a) ‘As a rule, every quarter, the Commission shall communicate its assessment to the competent committee of the European Parliament and to the EFC. In that assessment, it shall examine, in particular, whether further measures are needed.’; |
Or. en
Justification
The deletion of "as a rule" (articles 3 and 14 of Regulation (EU) No 472/2013) aims at reducing the discretionary power of the Commission.
Amendment 2
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point b
Regulation (EU) No 472/2013
Article 14 – paragraph 1b
| Text proposed by the Commission | Amendment |
|---|---|
| 1b. As a rule, the Commission, in liaison with the ECB, shall communicate every six months, its assessment referred to in paragraph 1a to the competent committee of the European Parliament, to the EFC and to the parliament of the Member State concerned.; | 1b. The Commission, in liaison with the ECB, shall communicate every six months, its assessment referred to in paragraph 1a to the competent committee of the European Parliament, to the EFC and to the parliament of the Member State concerned.; |
Or. en
Justification
The deletion of "as a rule" (articles 3 and 14 of Regulation (EU) No 472/2013) aims at reducing the discretionary power of the Commission.