Translation of "Après avis conforme du Parlement européen " (French → English) :

2. The Council, meeting in the composition of the Heads of State or Government and acting by unanimity on a proposal by one third of the Member States or by the Commission and after obtaining the assent of the European Parliament, may determine the existence of a serious and persistent breach by a Member State of principles mentioned in Article 6(1), after inviting the government of the Member State in question to submit its observations.

1. On a reasoned proposal by one third of the Member States, by the European Parliament or by the Commission, the Council, acting by a majority of four fifths of its members after obtaining the assent of the European Parliament, may determine that there is a clear risk of a serious breach by a Member State of principles mentioned in Article 6(1), and address appropriate recommendations to that State.

The Commission proposes that the European Public Prosecutor be appointed by the Council, acting by a qualified majority on a proposal from the Commission with the assent of the European Parliament.

3.2 Simplifying and democratizing Union decision-making - only three types of decision-making procedure: decisions adopted on Parliament's opinion, those adopted with its assent, and the codecision procedure involving Parliament and the Council; - simplification of the budgetary procedure arrangements and consolidation of all that has been achieved with the interinstitutional agreements; - simplification of the codecision procedure, notably by setting time limits for first readings, by dropping the announcement of the intention to reject a proposal at the second reading stage, and by dropping the third reading; - all ...[+++]acts of a legislative nature to be subject to the codecision procedure and the cooperation procedure to be abandoned; - "constitutional" matters (Treaty amendments, own resources) to be subject to Parliament's assent; this procedure should not, however, be applicable to legislative decisions or to Community action programmes; - clarification of the scope of the assent procedure as regards international agreements; - review and simplification of procedures for implementing measures.

ENTRY INTO FORCE The Agreement will enter into force on the first day of the second month following ratification/approval by both Parties - on the Community side the European Parliament's assent is required.

After formal adoption by the Council, this text must be approved by the EEA Joint Committee and then receive the assent of the European Parliament and parliamentary ratification in the EFTA countries.