Codecision procedure

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Codecision procedure

introduced by the Treaty of Maastricht it gives the EUROPEAN PARLIAMENT the power to adopt instruments jointly with the Council of the EUROPEAN UNION.
Collins Dictionary of Law © W.J. Stewart, 2006
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The relevance of the Six-Pack analysis arises from two main factors: not only was the legislative package adopted in 2011 considered to be "the most comprehensive reinforcement of economic governance in the EU and the Euro area since the launch of the [EMU]", (1) but it was also the first time that the European Parliament had the opportunity to legislate on the definition of economic governance, given that the Lisbon Treaty proclaimed codecision as the Ordinary Legislative Procedure extending its application to a wider range of policies, namely to economic policy coordination, thus formally strengthening the community method.
En este sentido, se introdujo el procedimiento de codecision (11), respaldando que el PE, junto al Consejo deviniera en colegislador.
The European Parliament has greater powers of codecision than it used to have, but even so they're very inadequate."
Laws can originate from the Council, or the Parliament, but usually come from the Commission, rather like our own national laws originating from the government: this process is known as 'codecision'.
(116) While it contains supported and codecision making options, it recognises the power of tribunals to impose these arrangements.
The 2007 Lisbon Treaty gave the Parliament codecision powers in a number of key policy areas, including finance.