ESF - European Statistical System (ESS)

European Statistical Forum (ESF)

Creation

In 2013, the European Statistical Forum (ESF) was created by a Memorandum of Understanding (MoU) on the Cooperation between the Members of the European Statistical System and the Members of the European System of Central Banks

Set-up

The ESF is composed of one representative of each EU Member State from the ESSC as well as from the statistics committee of the ESCB (STC). 

The ESF is co-chaired by the chairs of the ESSC and the STC.

The ESF is assisted by a Bureau, which prepares its meetings and monitors its activities. The Bureau is composed of:

  • Two co-chairs, the chair and the vice-chair of the Committee on Monetary, Finance and Balance of Payment statistics (CMFB, the operational platform of the ESF)
  • Two members representing the National Statistical Institutes
  • Two members representing the national central banks

The latter four Bureau members are elected by the ESF.

The Forum meets once every two years, in Luxembourg and in Frankfurt alternatively. 

Responsibilities

The ESF provides strategic guidance in the relations between the European Statistical System (ESS) and the European System of Central Banks (ESCB).

Cooperation on the MIP procedure

In November 2016, an MoU on the quality assurance of statistics underlying the Macroeconomic Imbalance Procedure (MIP) was signed between Eurostat and the ECB-DG Statistics.

This represents a milestone in the cooperation between the two systems and provides the practical arrangements for their cooperation in the areas of balance of payments and financial accounts statistics, in line with the European Semester.