Economic and budgetary surveillance of Member States in the euro area experiencing or threatened with serious difficulties with respect to their financial stability

Procedure 2025/0312(COD) (ordinary legislative procedure) concerns “Economic and budgetary surveillance of Member States in the euro area experiencing or threatened with serious difficulties with respect to their financial stability”; the committee responsible is ECON (Economic and Monetary Affairs). Ongoing: Latest: EP position at 1st reading on 6 Oct 2026. Parliament held roll-call votes on one day, most recently on 6 Oct 2026 (final vote): adopted with 458 votes in favour, 138 against and 61 abstentions.

Reference

2025/0312(COD)

Type

Ordinary legislative procedure

Official title

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

Status

Ongoing, 1st reading

Lead

ECON Economic and Monetary Affairs

Opinion

EMPL Employment and Social Affairs

Rapporteurs

Markus Ferber (EPP, Germany), Carla Tavares (S&D, Portugal)

Shadow rapporteurs

Pasquale Tridico (The Left, Italy), Rasmus Andresen (Greens/EFA, Germany), Billy Kelleher (Renew, Ireland), Denis Nesci (ECR, Italy), Enikő Győri (PfE, Hungary)

Roll-call votes in Parliament

• Economic and budgetary surveillance of Member States in the euro area experiencing or threatened with serious difficulties with respect to their financial stability (A10-0097/2026), 6 Oct 2026: final vote, adopted, 458 for, 138 against, 61 abstentions

Timeline

1st reading

1. 23 Oct 2025: Proposal referred to plenary
2. 10 Dec 2025: Appointment of a rapporteur
3. 3 Feb 2026: Parliamentary committee tabling report
4. 14 Apr 2026: Adoption of a report by the EP committee responsible
5. 17 Apr 2026: Tabling of a document to European Parliament plenary sitting
6. 29 Apr 2026: Endorsement of the EP committee responsible decision to start interinstitutional negotiations by the EP plenary
7. 6 May 2026: Interinstitutional negotiation (2 times, most recently on 8 Jun 2026)
8. 15 Jul 2026: Approval of the provisional agreement with the Council by the EP committee responsible
9. 6 Oct 2026: EP position at 1st reading

• All procedures

Source: European Parliament, Open Data Portal (procedures, agendas, roll-call votes), CC BY 4.0, prepared by OpenRCV. Procedure file in the Legislative Observatory (OEIL)