WRITTEN QUESTION No. 1218/98 by José GARCÍA-MARGALLO Y MARFIL to the Commission. European Central Bank
C 386/96 Official Journal of the European Communities EN 11. 12. 98 It should be noted that the governing council of the ECB, which is the highest decision-making body, comprises the governors of the national central banks of all participating Member States and the members of the executive board of the ECB. The ECB decision-making bodies also include the general council. Its competences are laid down in Article 47 of the European system of central banks (ESCB) Statute and it comprises the governors of the national central banks of all Member States. (98/C 386/133) WRITTEN QUESTION E-1218/98 by JosØ García-Margallo y Marfil (PPE) to the Commission (29 April 1998) Subject: European Central Bank Pursuant to Article 109a(2)(a) of the EU Treaty the Executive Board of the European Central Bank is to comprise the President, the Vice-President and four other members. Paragraph 2(b) states that they are all to be appointed by common accord of the governments of the Member States at the level of Heads of State or Government, on a recommendation from the Council, after it has consulted the European Parliament and the bankís Governing Council. Would the Commission say whether or not it is envisaged that representatives of non-EMU countries will be involved in the running of the ECB? Answer given by Mr de Silguy on behalf of the Commission (11 June 1998) The executive board of the European central bank (ECB) comprises the President and the Vice-President of the ECB and four other members. Only nationals of participating Member States may be members of the executive board. The governing council of the ECB comprises the members of the executive board and the governors of the national central banks of participating Member States. The governing council and the executive board are the decision-making bodies of the ECB which govern the European system of central banks (ESCB). The general council is the third decision-making body of the ECB. It consists of the President, the Vice-President and the governors of the national central banks of all Member States. The responsibilities of the general council mainly comprise advisory tasks. The general council provides for the link between central banks of participating and non-participating Member States. The EC Treaty and the ESCB Statute do not prevent the ECB from employing staff members from pre-in Member States. (98/C 386/134) WRITTEN QUESTION E-1219/98 by JosØ García-Margallo y Marfil (PPE) to the Commission (29 April 1998) Subject: European Central Bank Pursuant to Article 109a(2)(a) of the EU Treaty the Executive Board of the European Central Bank is to comprise the President, the Vice-President and four other members. Paragraph 2(b) states that they are all to be appointed by common accord of the governments of the Member States at the level of Heads of State or Government, on a recommendation from the Council, after it has consulted the European Parliament and the bankís Governing Council