Analysis of Development Co-operation
 
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EU ponders creation of new diplomatic breed. By Andrew Rettman - EUobserver, 4.6.10.  The phrase "EU diplomat says" regularly pops up in articles on EU foreign policy. But with the EU poised to launch its European External Action Service in the coming months, the question of what precisely is an EU diplomat is in the air in Brussels.

EUobserver - Ashton secures deal on new diplomatic service - By Honor Mahoney 25.03.10 - EU foreign policy chief Catherine Ashton has finalised her blueprint for the EU's first ever diplomatic service after the European Commission on Wednesday (24 March) agreed to give her key powers over the EU's multi-billion euro annual development budget.

European Voice - Who controls foreign affairs? - By Toby Vogel, 25.02.10: Rifts emerge over new diplomatic corps and member states are upset by pre-emptive strike by Barroso.

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Article 129 PDF Print E-mail

1. The ESCB shall be governed by the decision-making bodies of the European Central Bank which shall be the Governing Council and the Executive Board.

2. The Statute of the European System of Central Banks and of the European Central Bank (hereinafter referred to as "the Statute of the ESCB and of the ECB") is laid down in a Protocol annexed to the Treaties.

3. Articles 5.1, 5.2, 5.3, 17, 18, 19.1, 22, 23, 24, 26, 32.2, 32.3, 32.4, 32.6, 33.1(a) and 36 of the Statute of the ESCB and of the ECB may be amended by the European Parliament and the Council, acting in accordance with the ordinary legislative procedure. They shall act either on a recommendation from the European Central Bank and after consulting the Commission or on a proposal from the Commission and after consulting the European Central Bank.

4. The Council, either on a proposal from the Commission and after consulting the European Parliament and the European Central Bank or on a recommendation from the European Central Bank and after consulting the European Parliament and the Commission, shall adopt the provisions referred to in Articles 4, 5.4, 19.2, 20, 28.1, 29.2, 30.4 and 34.3 of the Statute of the ESCB and of the ECB.