This package contains the events between 1st July 2019 and 31 December 2020. For latest events, see related links.

The ECB President takes part in a regular monetary dialogue with Parliament's Committee on Economic and Monetary Affairs.

The European Central Bank (ECB) is the central institution of the Economic and Monetary Union and has been responsible for conducting monetary policy for the euro area since 1 January 1999. The ECB and the national central banks of all EU Member States constitute the European System of Central Banks.

On 2 July 2019, Christine Lagarde was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank on 1 November 2019.

Monetary dialogue (2019-2020)

The President of the European Central Bank (ECB) takes part four times a year in a monetary dialogue with Parliament's Committee on Economic and Monetary Affairs (ECON) to report on monetary policy and answer question from MEPs.&nbsp;Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee.

The European Central Bank is the central institution of the Economic and Monetary Union and has been responsible for conducting monetary policy for the euro area since 1 January 1999 The ECB and the national central banks of all EU Member States constitute the European System of Central Banks.

Monetary dialogue

On 2 July 2019, Christine Lagarde was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank on 1 November 2019.

She is a French lawyer and politician serving as Managing Director and Chairwoman of the International Monetary Fund (IMF) since 2011.

During a vote in the Economics and Monetary Affairs Committee, Ms Lagarde received 37 votes in favour of her taking up the position, 11 against and 4 MEPs abstained. The recommendation will now be passed on to the plenary for a confirmatory vote, which is expected to take place during the September plenary session from the 16th to 19th September.

Christine LAGARDE, nominated as President of the European Central Bank

Members of the Economic and Monetary Affairs Committee hear from Christine Lagarde, first in her capacity as President of the European Central Bank and then as Chair of the European Systemic Risk Board. Economic governance, geo-political risks, and the cost of living are all expected to feature prominently in the discussions. The hearings are followed by another debate with Dominique Laboureix, Chair of the Single Resolution Board (Wednesday).

ECON-Monetary dialogue with Christine Lagarde

On Monday, 30 September 2024, the Committee on Economic and Monetary Affairs (ECON) holds its first Monetary Dialogue of the 10th parliamentary term with Christine Lagarde, President of the European Central Bank (ECB). This important session focuses on the ECB's recent monetary policy decisions, following the ECB Governing Council's move on 12 September to lower the key interest rate by 25 basis points, marking a continued shift in policy since June.

In addition to monetary policy, the dialogue will also cover the Capital Markets Union (CMU) and its significance for the ECB's strategies. The Capital Markets Union (CMU) is an initiative aimed at creating a single, integrated capital market across all EU member states. Its primary goal is to make it easier for businesses to access funding, especially small and medium-sized enterprises (SMEs), by diversifying sources of finance beyond traditional banking systems. The CMU seeks to connect savings more effectively with investment opportunities, promote cross-border investments, and deepen financial integration within the EU.

Economic Dialogue with Christine LAGARDE, ECB President - EP Committee on Economic and Monetary Affairs

MEPs debate with European Central Bank President Christine Lagarde inflation, efforts to curb it, and possible interest rate cuts. During the annual plenary debate, MEPs concentrate on what happens next once inflation settles at the ECB’s 2% target and pay particular attention to the continuing significant divergences in inflation rates between member states. This is the last debate in the European Parliament for Ms Lagarde before the 6-9 June  European elections.

Plenary debate - European Central Bank: annual report 2023

ECON - Monetary Dialogue with Christine Lagarde, President of the European Central Bank

EP Plenary session - European Central Bank – annual report 2023

Roberta METSOLA, EP President meets with Christine LAGARDE, President of the European Central Bank and Ursula von der LEYEN, President of the European Commission

ECON - Economic Dialogue with Christine LAGARDE, ECB President

ECON - Monetary Dialogue with Christine Lagarde, President of the ECB

Roberta METSOLA, EP President meets with Christine LAGARDE, President of the European Central Bank (ECB)

After the opening statement by Aurore LALUCQ, Chair of ECON Committee, Christine LAGARDE, President of the European Central Bank, opens the meeting with the EP Committee on Economic and Monetary Affairs. This transcription is a result of an automatic process. Please check against delivery.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: opening statements - ECON Committee

Christine LAGARDE, President of the European Central Bank, answers the questions of MEPs of the EP Committee on Economic and Monetary Affairs.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: extracts

Christines LAGARDE appears for the first time before the ECON Committee of the newly elected European Parliament to discuss the assessment of the ECB's monetary policy shortly after the ECB Governing Council decided on 12 September 2024 to further ease monetary policy by lowering the key interest rate (deposit facility rate - DFR) by 25 basis points, continuing the change initiated in June. This monetary dialogue is also an opportunity to address the topic of the Capital Markets Union (CMU) and its relevance for monetary policy.The President of the European Central Bank (ECB) takes part four times a year in a monetary dialogue with Parliament's Committee on Economic and Monetary Affairs (ECON) to report on monetary policy.

Monetary Dialogue with Christine Lagarde, President of the European Central Bank: Opening statements by Aurore LALUCQ (S&D, FR), Chair of ECON Committee and by Christine LAGARDE, President of the ECB

Monetary Dialogue with Christine Lagarde, President of the European Central Bank: MEPs Q&A (1)

The European Central Bank is the central institution of the Economic and Monetary Union and has been responsible for conducting monetary policy for the euro area since 1999. The ECB and the national central banks of all EU Member States constitute the European System of Central Banks. The President of the European Central Bank (ECB) takes part four times a year in a monetary dialogue with Parliament's Committee on Economic and Monetary Affairs (ECON) to report on monetary policy.

Monetary Dialogue with Christine Lagarde, President of the European Central Bank: MEPs Q&A (2)

Christine Lagarde, President of the European Central Bank (ECB), participates in a Monetary Dialogue with the European Parliament’s Committee on Economic and Monetary Affairs (ECON) to present a monetary policy report and respond to questions from Members of the European Parliament (MEPs). This marks her first appearance following the recent European elections. The meeting focuses on two key topics: the ECB's continued monetary policy easing, following its second consecutive rate cut, and the Capital Markets Union and its significance for monetary policy. While the ECB operates with guaranteed independence under the Treaty, it remains accountable to the European Parliament, particularly to the ECON Committee.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank (ECB): extracts - ECON Committee

Christine LAGARDE, President of the European Central Bank debates with MEPs on ECB annual report 2023.

European Central Bank - annual report 2023: extracts from the debate with Christine LAGARDE, President of the European Central Bank

MEPs debate with Christine LAGARDE, President of the ECB, inflation, efforts to curb it, and possible interest rate cuts. During the annual plenary debate, MEPs concentrate on what happens next once inflation settles at the ECB’s 2% target and pay particular attention to the continuing significant divergences in inflation rates between member states. This is the last debate in the European Parliament for Christine LAGARDE before the 6-9 June European elections. Closing statements by Christine LAGARDE, President of the European Central Bank (ECB) and by Johan VAN OVERTVELDT, Rapporteur, and by Mairead MCGUINNESS, European Commissioner for Financial Services, Financial Stability, and Capital Markets Union

European Central Bank – annual report 2023: Closing statements by Christine LAGARDE, President of the European Central Bank (ECB) and by Johan VAN OVERTVELDT, Rapporteur, and by Mairead MCGUINNESS, European Commissioner for Financial Services

LAGARDE, Christine (FR)

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