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

ECB President Christine Lagarde will brief MEPs on the state of European and global economic affairs and the European Central Bank’s activities, followed by a debate with MEPs. On Tuesday, MEPs will adopt their annual set of recommendations for the ECB on which issues it should prioritise.

Debate on the state of the EU economy and ECB activities with Christine Lagarde

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

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

EP Plenary session - European Central Bank – Annual report 2024, in the presence of Christine LAGARDE, President of the ECB

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

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

Celebration to mark the 25th anniversary of the European Central Bank, in Frankfurt, Germany

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

EP Plenary session - European Central Bank - annual report 2022

Roberta METSOLA, EP President meets with  Christine LAGARDE, President of the ECB

ECON extraordinary meeting - Monetary Dialogue with Christine LAGARDE, President of the ECB

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

ECON Committee - Public Hearing with Christine LAGARDE, President of the European Central Bank

The Committee on Economic and Monetary Affairs (ECON) holds its regular debate with European Central Bank (ECB) President Christine LAGARDE. MEPs question her on the US shift to protectionism and its impact on the euro area economy, and on the recent decision to lower interest rates, among other issues

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: ﻿extracts from the Committee on Economic and Monetary Affairs meeting

The Committee on Economic and Monetary Affairs (ECON) holds its regular debate with European Central Bank (ECB) President Christine LAGARDE. MEPs question her on the US shift to protectionism and its impact on the euro area economy, and on the recent decision to lower interest rates, among other issues. 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 by Aurore LALUCQ (S&D, FR), Chair of ECON Committee, and Christine LAGARDE

The infoclip illustrates an user navigating a cryptocurrency platform, physical cryptocoins, alongside instant payment services like Revolut and Bizum; aerial drone views of the European Central Bank (ECB) headquarters, followed by scenes of President Christine Lagarde leading a press conference at the ECB (provided by the European Central Bank, mandatory to include the source) and participating in the European Parliament in Strasbourg. The video also includes footage from the Frankfurt Stock Exchange (Images free of charge for journalistic purposes using the reference “Deutsche Börse AG”. Use for own advertising purposes is not permitted. For more information, contact media-relations@deutsche-boerse.com), from the money creation process, people withdrawing cash from ATMs, and people paying using mobile phones and contactless cards.

Infoclip: Cryptocurrencies, new and traditional means of payments and monetary policy

Members of the European Parliament discuss the state of Europe’s economy with Christine Lagarde, President of the European Central Bank (ECB) and Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union, on how to improve competitiveness and the role monetary policy can play in achieving this. Closing statement by Maria Luís ALBUQUERQUE, European Commissioner for Financial Services and the Savings and Investment Union, Christine LAGARDE, President of the European Central Bank (ECB) and Anouk VAN BRUG (Renew, NL) Rapporteur

ECB – annual report 2024 in the presence of Christine LAGARDE, President of the ECB: Closing statement by Maria Luís ALBUQUERQUE, European Commissioner, Christine LAGARDE, President of the European Central Bank (ECB) and Anouk VAN BRUG, Rapporteur

Members of the European Parliament discuss the state of Europe’s economy with Christine Lagarde, President of the European Central Bank (ECB) and Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union, on how to improve competitiveness and the role monetary policy can play in achieving this. MEPs debate.

European Central Bank – annual report 2024 in the presence of Christine LAGARDE, President of the ECB: MEPs debate

After her meeting with EP President Roberta METSOLA, ECB President Christine LAGARDE briefs MEPs on the state of European and global economic affairs and the European Central Bank’s activities, then debates with MEPs.

European Central Bank – annual report 2024: extracts from the meeting of Roberta METSOLA, EP President with Christine LAGARDE, ECB President and extracts from the debate

Members of the European Parliament discuss the state of Europe’s economy with Christine Lagarde, President of the European Central Bank (ECB) and Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union on how to improve competitiveness and the role monetary policy can play in achieving this. Opening statement by Anouk VAN BRUG (Renew, NL) Rapporteur, Christine LAGARDE, President of the European Central Bank (ECB) and Maria Luís ALBUQUERQUE, European Commissioner for Financial Services and the Savings and Investment Union. This transcription is a result of an automatic process. Please check against delivery.

ECB – annual report 2024 in the presence of Christine LAGARDE, President of the ECB: Opening statement by Anouk VAN BRUG, Rapporteur, Christine LAGARDE, President of the European Central Bank and Maria Luís ALBUQUERQUE, European Commissioner

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: 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)

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

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

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. Opening statements by Christine LAGARDE, President of the European Central Bank (ECB), Johan VAN OVERTVELDT, Rapporteur, and by Mairead MCGUINNESS, European Commissioner for Financial Services, Financial Stability, and Capital Markets Union. This transcription is a result of an automatic process. Please check against delivery.

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

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 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. MEPs of the Committee on Economic and Monetary Affairs (ECON) debate with Christine LAGARDE the latest developments of the monetary policies of the European Central Bank. This news item shows extracts from the Monetary Dialogue with Parliament's Committee on Economic and Monetary Affairs (ECON).

Economic Dialogue with Christine LAGARDE, ECB President: extracts

Members of the Economic and Monetary Affairs Committee (ECON) discuss with Christine LAGARDE, ECB President, the topic "Euro at 25: what's next for the European Monetary Union (EMU)?". Irene TINAGLI (S&D, IT), Chair of ECON and introductory remark by Christine LAGARDE, President of the European Central Bank (ECB) open the discussion, followed by a question and answers session by MEPs. This transcription is a result of an automatic process. Please check against delivery.

Economic Dialogue with Christine LAGARDE, ECB President: opening statements by Irene TINAGLI (S&D, IT), Chair of ECON and introductory remark by Christine LAGARDE, President of the European Central Bank (ECB)

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