EUROPEAN PARLIAMENT

««« « « « « 1999 « « 2004 «««

Committee on Economic and Monetary Affairs

PE/V/PV/02-04

MINUTES of the meeting of 25 February 2002, 4 pm - 6.30 pm, and 26 February 2002, 9 am - 12.30 pm BRUSSELS

The meeting opened at 4.07 pm on Monday, 25 February 2002, with Christa Randzio-Plath, chairwoman, in the chair.

1. Adoption of draft agenda PE 307.501

The draft agenda was adopted in the form shown in these minutes.

2. Chairman's announcements:

The Chair informed Members that she had received from the Council a request for urgent procedure under Article 112 of the rules of Procedure concerning the proposal for a European Parliament and Council regulation amending regulation (EEC) No 218/92 on administrative co-operation in the field of indirect taxation. The consultation concerns a change in the legal basis of the proposal. It was decided to ask the Legal Service and the rapporteur for their respective opinions.

3. Approval of minutes of the meetings of:

18/19 December 2001 in Brussels PE 307.482 5 February 2002 in Strasbourg PE 307.498 The minutes were approved.

4. Competition: motor vehicle distribution and servicing agreements (evaluation regulation 1475/95/EC). Report

INC00-0749 ( - COM(00)0743 - ) Rapporteur: Christoph Werner Konrad Application of art. 81(3) of the Treaty to categories of vertical agreements and

PV\460973EN.doc PE 307.505 Or. en EN EN concerted practices in the motor vehicle industry.

Speakers: Christoph Werner Konrad, Generoso Andria and Mr Norberg on behalf of the European Commission.

5. Energy: use of biofuels for road transport

***I T07676 (COD010265 - COM(01) 0547 - C50684/01 Draftsman: Miquel Mayol i Raynal Initial exchange of views

and

6. Reduced rate of excise duty on biofuels and mineral oils containing biofuels

* T07677 (CNS010266 - COM(01) 0547 - C5-0030/02 Exchange of views

Speakers: Miquel Mayol i Raynal, John Purvis, Christa Randzio-Plath and Mr Raponi on behalf of the European Commission.

7. Enlargement of the European Union

T07683 (COS022023 - COM(01) 0700 - C5-0024/02 Draftsman: Harald Ettl Exchange of views

Speakers: Harald Ettl

8. Supervision of credit, insurance and investment firms in a financial conglomerate (amendment of directives in force)

***I (COD010095 - COM(01) 0213 - C5-0159/01) PE307.449/PR1 PE307.449/PR2 PE307.449/AM

Rapporteur: Alain Lipietz Vote and adoption of draft report

Speakers: Theresa Villiers, Alain Lipietz

Decision: The draft report was adopted with amendments.

9. Air transport: allocation of slots at Community airports (amendment of Regulation 95/93/EEC)

***I (COD010140 - COM(01) 0335 - C5-0277/01 PE307.487 Draftsman: Karin Riis-Jørgensen Adoption of draft opinion

Decision: The draft opinion was adopted.

PE 307.505 2/6 PV\460973EN.doc Or. en EN 10. Annual assessment of implementation of the stability and convergence programmes (Article 99 (4), EC)

T07667 - Rapporteur: Ioannis Marinos Exchange of views

Speakers: Ioannis Marinos, Generoso Andria and Hans Blokland

11. Sales promotion in the internal market: consumer protection

***I (COD010227 - COM(01)0546 - C5-0475/01 Draftsman: Exchange of views

Speakers: Werner Langen, Christa Randzio-Plath, Christoph Werner Konrad and the Commission representative.

* * * The meeting adjourned at 6.35 pm and resumed on Tuesday, 26 February 2002 at 9.07 am with Christa Randzio-Plath, chairwoman, in the chair. * * *

12. European economic situation: report on the Commission recommendation on the broad economic policy guidelines

T07665 - Rapporteur: Bruno Trentin Adoption of draft report

Decision: The draft report was adopted with amendments.

13. Financial markets: insider dealing and market abuse (repeal of Directive 89/595/EEC

***i T07403 (COD010118 - COM(01) 0281 - C5-0262/01 PE307.438 PE307.438/AM

Rapporteur: Robert Goebbels Adoption of draft report

Speakers: Robert Goebbels and Christopher Huhne

Decision: The draft report was adopted with amendments.

14. Prospectus to be published for securities (revision of Directives 80/390/EEC and 89/298/EEC)

***I T07408 (COD010117 - COM (01)0280 - C5-0263/01 PE307.441/PR

PV\460973EN.doc 3/6 PE 307.505 Or. en EN PE307.441/AM Rapporteur: Christopher Huhne Adoption of draft report

Speakers: Piia-Noora Kauppi, Christopher Huhne and Harald Ettl

Decision: The draft report was adopted with amendments.

* * * The meeting adjourned at 10.30 am and resumed at 11.20 am with Christa Randzio- Plath, chairwoman, in the chair. * * *

15. Preparation of the European Council in Barcelona // Implementation of the 2001 Broad Economic Guidelines // Examination of the updated Stability and Convergence Programmes

Exchange of views with Mr Solbes Mira, Commissioner for Economic and Monetary Affairs

The Chair welcomed Commissioner Solbes Mira and gave him the floor.

Speakers: Bruno Trentin, Ioannis Marinos, Othmar Karas, Hans , Pervenche Berès, Christopher Huhne, Peter William Skinner, Olle Schmidt, Generoso Andria, Christa Randzio-Plath and the Commissioner

16. Date and place of next meeting

Brussels: Tuesday, 19 March 2002, 3 pm - 6.30 pm Wednesday, 20 March 2002, 9 am - 12.30 pm

* * * The meeting closed at 12.40 pm. * * *

PE 307.505 4/6 PV\460973EN.doc Or. en EN BILAG/ANLAGE/ΠΑΡΑΡΤΗΜΑ/ANNEX/ ANNEXE/ALLEGATO/BIJLAGE/ANEXO/LIITE/BILAGA

DELTAGERLISTE/ANWESENHEITSLISTE/ΚΑΤΑΣΤΑΣΗ ΠΑΡΟΝΤΩΝ/RECORD OF ATTENDANCE/LISTA DE ASISTENCIA/LISTE DE PRESENCE/ELENCO DEI PRESENTI/PRESENTIELIJST/LISTA DE PRESENÇAS/LÄSNÄOLOLISTA/DELTAGARLISTA

Til stede Formandskabet/Vorstand/Προεδρείο/Bureau/Ufficio di Presidenza/Mesa/Puheenjohtajisto/J.L. Presidium: (*) Christa Randzio-Plath (P), Philippe A.R. Herzog (VP), John Purvis (VP)

Anwesend Medlemmer/Mitglieder/Μέλη/Members/Diputados/Députés/Deputati/Leden/Deputados/Jäsenet/ Ledamöter: Generoso Andria, Pervenche Berès, Roberto Felice Bigliardo (2), Hans Blokland, Hans Udo Bullmann, Ingo Παρόντες Friedrich (2), Robert Goebbels, Lisbeth Grönfeldt Bergman, Christopher Huhne, Othmar Karas, Piia-Noora Kauppi, Christoph Werner Konrad, Alain Lipietz, Astrid Lulling, Ioannis Marinos, Miquel Mayol i Raynal, Fernando Pérez Royo (2), , Olle Schmidt, Peter William Skinner, Helena Torres Marques (2), Present Bruno Trentin, Theresa Villiers

Stedfortrædere/Stellvertreter/Αναπληρωτές/Substitutes/Suplentes/Suppléants/ Presentes Membri supplenti/Plaatsvervangers/Membros suplentes/Varajäsenet/Suppleanter: Martin Callanan (2), Richard Corbett (1), Harald Ettl, Werner Langen, Thomas Mann, , Barbara O'Toole (2), Herman Schmid, Charles Tannock, Jaime Valdivielso de Cué, Ieke van den Burg Présents

Presenti

Aanwezig

Läsnä

Närvarande

Niels Busk (1), Chris Davies (2), Marie-Hélène Gillig (2), Art. 153,2 (1), Jules Maaten Art. 166,3

Endv. deltog/Weitere Teiln./ Συµµετείχαν επίσης/Also present Participaron igualmente/ Participaient également/ Hanno partecipato altresi΄/ Andere deelnemers/ Outros participantes/ Muut osallistujat/ Dessutom deltog

(Dagsorden/Tagesordnung Pkt/Ηµερήσια ∆ιάταξη Σηµεί/Point OJ/Punto OG/Agenda Punt/Ponto OJ/punto orden del dia/ Esityslistan kohta/Föredragningslista punkt):

* (P) =Formand/Vorsitzender/Πρόεδρος/Chairman/Président/Presidente/Voorzitter/Presidente/Puheenjohtaja/Ordförande (VP) =Næstform./Stellv. Vorsitz./Αντιπρόεδρος/Vice-Chairman/Vice-Président/Vice-Presidente/Varapuheenjohtaja Ondervoorz./Vice-Pres./Vicepres/Vice ordförande.

Til stede den/Anwesend am/Παρών στις/Present on/Présent le/Presente il/Aanwezig op/Presente em/Presente el/Läsnä/Närvarande den.

(1) Monday, 25 February 2002 (2) Tuesday, 26 February 2002

PV\460973EN.doc 5/6 PE 307.505 Or. en EN Efter indbydelse fra formanden/Auf Einladung d. Vorsitzenden/Με πρόσκληση του Προέδρου/At the invitation of the Chairman/Por invitación del presidente/Sur l'invitation du président/Su invito del presidente/Op uitnodiging van de voorzitter/A convite do Presidente/Puheenjohtajan kutsusta/ På ordförandens inbjudan:

Radet/Rat/Συµβούλιο/Council/Consejo/Conseil/Consiglio/Raad/Conselho/Neuvosto/Rådet: (*)

Kommissionen/Kommission/Επιτροπή/Commission/Comisión/Commissione/Commissie/Comissão/Komissio/ Kommissionen: (*) (M):Solbes Mira (F):Auwärter, Ayral, Boeshertz, De Saussure, Giudice, Kalff-Lena, Koumartsioti, Norberg, Pench, Perez Catorrez, Raponi, Schutz.

Cour des comptes:

C.E.S.: Allende Andre deltagere/Andere Teilnehmer Επίσης Παρόντες/Also present Otros participantes/Autres participants/Altri partecipanti Andere aanwezigen/Outros participantes Muut osallistujat/Övriga deltagare Gruppernes sekretariat PPE-DE Scheinert, Botella Sekretariat der Fraktionen PSE Muller, Garnier Γραµµατεία των Πολ. Οµάδων ELDR Soewarta Secretariat political groups Verts/ALE Ciardelli Secr. de los grupos politicos GUE/NGL Secr. Groupes politiques UEN Segr. dei gruppi politici EDD Boiten Secr. van de fracties NI Secr. dos grupos politicos Poliittisten ryhmien sihteeristö Gruppernas sekretariat Cab. du Président Cab. du Secrétaire Général Generaldirektorat I Generaldirektion II Γενική ∆ιεύθυνση III Worsley, Fernandez Directorate-General IV Awduine, Patterson Dirección general V Direction générale VI Direzione generale VII Bernitz Directoraat-generaal VIII Direcção-Geral Contrôle financier Service juridique Pääosasto Generaldirektorat Udvalgssekretariatet Berton, Brunetti, Gantén, Tod, Sailer-Schuster, Schulz, von Ausschußsekretariat Mentzingen, Munoz Cabezon, Tournemire. Γραµµατεία επιτροπής Committee secretariat Secretaria de la comisión Secrétariat de la commission Segretariato della commissione Commissiesecretariaat Secretariado da comissão Valiokunnan sihteeristö Utskottssekretariatet Assist./Βοηθός Hugelier * (P) =Formand/Pres./Πρόεδρος/Chairman/Président/Voorzitter/Puheenjohtaja/Ordförande (VP) =Næstform./Vize-Pres./Αντιπρόεδρος/Vice-Chairman/Vice-Président/Ondervoorz./Vice-pres/Varapuheenjohtaja/Vice ordförande. (M) =Medlem./Mitglied/Μέλος/Member/Miembro/Deputado/Membro/Lid/Membro/Jäsen/Ledamot (F) =Tjenestemand/Beamter/Υπάλληλος/Official/Funcionário/Fonctionnaire/Funzionario/Ambtenaar/ Functionαrio/Virkamies/Tjänsteman

PE 307.505 6/6 PV\460973EN.doc Or. en EN