Economic and Financial Affairs
Eurogroup & Informal ECOFIN Meeting
Statement by the Eurogroup and ECOFIN Ministers
The Council makes euro coins safer for the users
Economic and Financial Affairs Council
Council adopts legal texts establishing the European Systemic Risk Board and three new supervisory authorities.
Press release (provisional version)
Economic and Financial Affairs (Budget)
Despite major efforts of the Belgian Presidency and convergence on the figures of the EU budget for 2011, the Council and the European Parliament, meeting within the Conciliation Committee, did not reach an agreement on the whole negotiation package.
Economic & Financial Affairs Council
The Council reached agreement on a draft directive on the management of the hedge funds and other alternative investment funds.
Press release, provisional version
Main results of the Informal ECOFIN
At the informal ECOFIN meeting which took place in Brussels on 30 September and 1 October, EU finance ministers had fruitful exchanges and discussions on a number of topics: EU economic governance and structural reforms, economic perspective and financial markets outlook and financial sector regulation.
ECOFIN: "The first lesson from the crisis is emerging"
Interview. As the informal ECOFIN Council meeting to be held on 30 September and 1 October draws near, we met with the personality who will preside over this meeting: the Belgian Deputy Prime Minister and Minister for Finance and Institutional Reforms, Didier Reynders. He is highly optimistic about the objectives that have been reached within the framework of this Presidency. Here is what he had to say in our interview.
Economic and Financial Affairs Council
Council meeting under the presidency of Mr Didier REYNDERS, Deputy Prime Minister for Finance and Institutional Reforms of Belgium.
Council adopts its position on the EU draft budget 2011
The Council adopted its position on the EU draft budget for the financial year 2011, approving targeted cuts in the Commission's proposal whilst ensuring appropriate funding for the priorities of the European Union, in particular economic recovery
Seven banks fail stress test
The results of the stress test, which subjected 91 banks from 20 EU Member States to a number of worst case scenarios, were announced on Friday evening. It appeared that seven smaller banks were still not resistant to the impact of a new financial-economic crisis. Another eleven banks only barely achieved passing scores.