Committee on Monetary, Financial and Balance of Payments Statistics

CMFB

The Committee on Monetary, Financial and Balance of Payments Statistics (CMFB) was established by a Council Decision in 1991 (91/115/EEC) to assist the European Commission in drawing up and implementing work programmes concerning monetary, financial and balance of payments statistics. In recent years, the CMFB had played an important advisory role in the statistical issues related to Excessive Deficit Procedure (EDP) decisions. The CMFB is the forum for co-ordination of statisticians from the national statistical institutes and Eurostat on the one hand, and the national central banks and the European Central Bank on the other. 

Recent developments