Political meeting

Economic and Financial Affairs Council

Council Meetings
Venue
Justus Lipsius
Rue de la Loi 175, B-1000 Brussels, Belgium
Event dates
May 12

Last updated on 06 May 2015, 17.07

The Economic and Financial Affairs Council will be briefed on the state of play in the Council and European Parliament negotiations on the proposal for a regulation that will establish the European fund for strategic investments. The creation of the fund is part of the Investment plan for Europe, popularly known as the 'Juncker plan'.

The Council is expected to adopt conclusions on in-depth reviews of macroeconomic imbalances carried out by the European Commission in 16 member states (Belgium, Bulgaria, Croatia, Finland, France, Germany, Hungary, Ireland, Italy, The Netherlands, Portugal, Romania, Slovenia, Spain, Sweden and United Kingdom).

The 2015 alert mechanism report identified these countries as experiencing macroeconomic imbalances, warranting in-depth reviews to determine the nature of these imbalances. Cyprus and Greece are not subject to in-depth reviews in the 2015 exercise.

The ministers will also discuss how the member states implemented the 2014 country-specific recommendations,issued in the context of the European Semester - the EU policy coordination process.

The Council is expected to adopt conclusions on a 2015 ageing report. The report provides long-term projections of the budgetary impact of ageing over the period of 2013-2060 for 28 EU member states and Norway. The report is updated every three years.

More information http://www.consilium.europa.eu/en/meetings/ecofin/2015/05/12/
Contacts
Jānis Bērziņš
Permanent Representation of the Republic of Latvia to the European Union
Spokesperson