Resolution on the recommendation from the Commission for a Council Decision concerning exchange rate matters relating to the CFA franc and the Comorian franc (COM(98)0412 - C4-0558/98)
Date: 1999-01-12
Institutions: Committee on Economic and Monetary Affairs, European Parliament
Subjects: Africa, Comoros, France, exchange transaction, national currency

14. 4. 1999

EN

Official Journal of the European Communities

C 104/19

Tuesday 12 January 1999

PART II

Texts adopted by the European Parliament

1.  Speedometers for two- or three-wheel motor vehicles

***I (procedure without

debate)

A4-0491/98

Proposal for a European Parliament and Council Directive on speedometers for two- or three-wheel
motor  vehicles  and  amending  Council  Directive  92/61/EEC  on  the  type-approval  of  two-  or
three-wheel motor vehicles (COM(98)0285 › C4-0317/98 › 98/0163(COD))

The proposal was approved.

Legislative resolution embodying Parliament(cid:146)s opinion on the proposal for a European Parliament
and  Council  Directive  on  speedometers  for  two-  or  three-wheel  motor  vehicles  and  amending
Council  Directive  92/61/EEC  on  the  type-approval  of  two-  or  three-wheel  motor  vehicles
(COM(98)0285 › C4-0317/98 › 98/0163(COD))

(Codecision procedure: first reading)

The European Parliament,

›  having  regard  to  the  Commission  proposal  to  Parliament  and  the  Council,  COM(98)0285  ›

98/0163(COD) (1),

›  having  regard  to  Articles  189b(2)  and  100a  of  the  EC  Treaty,  pursuant  to  which  the  Commission

submitted the proposal to Parliament (C4-0317/98),

›  having regard to Rule 58 of its Rules of Procedure,

›  having  regard  to  the  report  of  the  Committee  on  Economic  and  Monetary  Affaires  and  Industrial

Policy and the opinion of the Committee on Transport and Tourism (A4-0491/98),

1.

Approves the Commission proposal;

Points out that the Commission is required to submit to Parliament any modification it may intend to

2.
make to its proposal as amended by Parliament;

3.

Instructs its President to forward this opinion to the Council and Commission.

(1)  OJ C 212, 8.7.1998, p. 7.

2.  CFA and Comorian francs (procedure without debate)

A4-0484/98

Resolution  on  the  recommendation  from  the  Commission  for  a  Council  Decision  concerning
exchange  rate  matters  relating  to  the  CFA  franc  and  the  Comorian  franc  (COM(98)0412  ›
C4-0558/98)

The European Parliament,

›  having regard to the recommendation from the Commission, COM(98)0412 › C4-0558/98,

›  having regard to the report of the Committee on Economic and Monetary Affairs and Industrial Policy

and the opinion of the Committee on Development and Cooperation (A4-0484/98),

C 104/20

EN

Official Journal of the European Communities

14. 4. 1999

Tuesday 12 January 1999

1.

Approves the arrangements for pegging the CFA franc to the euro via the French franc;

Hopes that France, which stands as guarantor of the smooth functioning of these arrangements, will

2.
continue to maintain an attitude of constant vigilance;

3.
Calls  for  economic  and  social  indicators  to  be  established  for  the  purpose  of  analysing  the
development of the CFA countries, which are the subject of a full-scale trial of the influence which the
linkage to a single currency of world importance can have on the success of a regional economy;

Calls for an information campaign to be launched as a matter of urgency with a view to explaining to

4.
the citizens of the CFA countries the meaning and importance of this monetary operation;

Calls for a similar campaign to be aimed at the general public in Europe, so as to explain the meaning

5.
and importance of this linkage.

Requests the Council and the Commission to take account of the following proposed modification to

6.
the recommendation:

COMMISSION
RECOMMENDATION

MODIFICATIONS
BY PARLIAMENT

(Modification 1)

Article 4

France  may  negotiate  and  conclude  modifications  to  the
present agreements to the extent that the nature or scope of the
agreements  are  not  changed.  It  shall  inform  in  advance  the
Commission  and  the  Economic  and  Financial  Committee  of
such changes.

France  may  negotiate  and  conclude  modifications  to  the
present agreements to the extent that such modifications have
no direct or indirect impact on the stability of the euro or
on  the  ECB(cid:146)s  commitments.  It  shall  inform  in  advance  the
Commission  and  the  Economic  and  Financial  Committee  of
such changes.

7.

Instructs its President to forward this resolution to the Commission and Council.

3.  Transparency in the European Union

A4-0476/98

Resolution on openness within the European Union

The European Parliament,

›  having regard to the provisions on openness in the Amsterdam Treaty, and in particular Articles A, 8d,

151, 191a and Declarations 9, 35 and 41 thereof,

›  having regard to the interinstitutional agreement of 25 October 1993 on democracy, transparency and

subsidiarity,

›  having regard to the existing codes on public access to documents in the different EU institutions and

bodies,

›  having regard to the initiatives taken on openness by the three (cid:145)explorers(cid:146) (1) and IGC monitor (2) of

its Committee on Institutional Affairs,

›  having regard to its resolution of 16 July 1998 on the Special Report by the European Ombudsman to
the  European  Parliament  following  his  own-initiative  inquiry  into  public  access  to  documents
(C4-0157/98) (3),

(1)  Mr  B.  Donnelly,  Mr  Saint-Pierre  and  Mr  Tsatsos:  working  document  on  (cid:145)Transparency  and  Democracy(cid:146)  of  November  1994

(PE 210.692/A+B/rev.).

(2)  Mr Bonde (working documents PE 227.237, PE 222.239, and PE 222.240).
(3)  OJ C 292, 21.9.1998, p. 170.