Page "Committee on Economic and Monetary Affairs" Paragraph 1
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Since Economic and Monetary Union ( EMU ), the most important function of this committee has been in relation to the European Central Bank ( ECB ).
Every three months, the President of the ECB, or occasionally his deputy, appears before the Committee to report on monetary policy ; both actions taken, and future prospects.
These proceedings are televised ; a verbatim report appears immediately on both the Parliament and ECN websites.
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