Subscription to additional shares in the capital of the European Bank for Reconstruction and Development ***I European Parliament legislative resolution of 13 October 2011 on the proposal for a decision of the European Parliament and of the Council concerning the subscription by the European Union to additional shares in the capital of the European Bank for Reconstruction and Development (EBRD) as a result of the decision to increase this capital (COM(2011)0034 – C7-0038/2011 – 2011/0014(COD))#P7_TC1-COD(2011)0014 Position of the European Parliament adopted at first reading on 13 October 2011 with a view to the adoption of Decision No …/2011/EU of the European Parliament and of the Council concerning the subscription by the European Union to additional shares in the capital of the European Bank for Reconstruction and Development (EBRD) as a result of the decision to increase this capital
Date: 2011-10-13
Institutions: Committee on Economic and Monetary Affairs, European Parliament
Subjects: EBRD, capital increase, market economy








CE2013094EN.01001901.xml










3.4.2013   


EN


Official Journal of the European Union


CE 94/19





Thursday 13 October 2011Subscription to additional shares in the capital of the European Bank for Reconstruction and Development ***I
P7_TA(2011)0439
European Parliament legislative resolution of 13 October 2011 on the proposal for a decision of the European Parliament and of the Council concerning the subscription by the European Union to additional shares in the capital of the European Bank for Reconstruction and Development (EBRD) as a result of the decision to increase this capital (COM(2011)0034 – C7-0038/2011 – 2011/0014(COD))
2013/C 710 E/09
(Ordinary legislative procedure: first reading)

The European Parliament,






—


having regard to the Commission proposal to Parliament and the Council (COM(2011)0034),










—


having regard to Article 294(2) and Article 212 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0038/2011),










—


having regard to Article 294(3) of the Treaty on the Functioning of the European Union,










—


having regard to the undertaking given by the Council representative by letter of 14 September 2011 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,










—


having regard to Rule 55 of its Rules of Procedure,










—


having regard to the report of the Committee on Economic and Monetary Affairs and the opinion of the Committee on Budgets (A7-0227/2011),










1.


Adopts its position at first reading hereinafter set out;










2.


Calls on the Commission to refer the matter to Parliament again if it intends to amend its proposal substantially or replace it with another text;










3.


Instructs its President to forward its position to the Council, the Commission and the national parliaments.






Thursday 13 October 2011P7_TC1-COD(2011)0014
Position of the European Parliament adopted at first reading on 13 October 2011 with a view to the adoption of Decision No …/2011/EU of the European Parliament and of the Council concerning the subscription by the European Union to additional shares in the capital of the European Bank for Reconstruction and Development (EBRD) as a result of the decision to increase this capital

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Decision No 1219/2011/EU.)