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Economic & Financial Affairs (ECOFIN)

  • ECOFINEconomic & Financial Affairs (ECOFIN)

COREPER approves agreements on the Payment Accounts Directive (PAD) and on the Regulation on Key Information Documents for Packaged Retail and Insurance Based Investment Products (PRIIPs)

04 Apr, 2014

The Committee of Permanent Representatives of the EU (COREPER) approved today (4.4.2014) the agreements reached between the Greek Presidency and the European Parliament on the Payment Accounts Directive (PAD) and on the Regulation on Key Information Documents for Packaged Retail and Insurance Based Investment Products (PRIIPs).

Welcoming the approval of the deal on the Payment Accounts Directive, the President of the ECOFIN Yannis Stournaras said:

  • ECOFINEconomic & Financial Affairs (ECOFIN)

EU 2015 Budget guidelines presented by Alternate Minister of Finance, Christos Staikouras

03 Apr, 2014

The Alternate Minister of Finance, Christos Staikouras, within the framework of the Greek Presidency of the Council of the European Union (EU), presented yesterday, in a trilogue with the European Commission and the European Parliament, the guidelines for the EU Budget 2015.
  • ECOFINEconomic & Financial Affairs (ECOFIN)

Europe’s economic and financial outlook and its social impact, growth and banking sector issues on the agenda of the Informal ECOFIN meeting

02 Apr, 2014

The two-day informal meeting of the ECOFIN, as well as the 13. Joint ECOFIN / FEMIP Ministerial Meeting, organized by the Greek Presidency in Athens on 1-2 April had a full agenda and Ministers were able to exchange views on a number of key issues affecting Europe’s economy and financial situation.

  • ECOFINEconomic & Financial Affairs (ECOFIN)

Informal ECOFIN - Joint ECOFIN/FEMIP Meeting: Discussions on key economic and financial issues

28 Mar, 2014

The agenda of the informal Economic and Financial Affairs (ECOFIN) meeting on 1-2 April in Athens includes discussions on key issues of pan-European importance, such as the state of play of Banking Union, especially after the approval by COREPER of the compromise agreement reached by the Greek Presidency in its negotiations with the European Parliament on the Single Resolution Mechanism, the social aspects of growth and financial stability in Europe, the long term financing of the economy, especially the enhancement of SME financing, as well as the preparation of the IMF/World Bank Spring a

  • ECOFINEconomic & Financial Affairs (ECOFIN)

Greek Presidency closes deal on Single Resolution Mechanism (SRM)

27 Mar, 2014

The Committee of Permanent Representatives of the EU (COREPER) today approved the provisional agreement reached between the Presidency and the Parliament on the Regulation on a Single Resolution Mechanism.
  • ECOFINEconomic & Financial Affairs (ECOFIN)

Statement by ECOFIN President Yannis Stournaras on adoption of amended Savings Taxation Directive

24 Mar, 2014

I welcome today’s adoption by the AGRIFISH Council of the Directive amending the EU rules on the taxation of savings income.
 
This has been a priority of the Greek Presidency, as the amended Directive allows for the extension of the scope to a wider range of savings products and strengthens its effective application, enhancing therefore tax transparency and making a big step forward for the fight against  tax fraud and evasion, and, indeed, tax fairness and social justice.
 
  • ECOFINEconomic & Financial Affairs (ECOFIN)

Statement by Minister Yannis Stournaras on the Single Resolution Mechanism

20 Mar, 2014

“The Greek Presidency this morning reached a provisional agreement with representatives of the European Parliament on the Single Resolution Mechanism regulation. This was done in conjunction with the valuable input and contributions by the Chair of the IGC at Ministerial level, Jeroen Dijsselbloem on the aspects of the Single Resolution Fund, which was intrinsic in reaching the overall agreement.

The agreed text will now be submitted to the Member States, and I hope that they will be able to support it.

  • ECOFINEconomic & Financial Affairs (ECOFIN)

Council confirms agreement with EP on investment funds

19 Mar, 2014

The Permanent Representatives Committee approved today (19.3.2014), on behalf of the Council, an agreement reached with the European Parliament on a proposal to amend EU rules on investment funds (7411/14).

  • ECOFINEconomic & Financial Affairs (ECOFIN)

Agreement on capital increase of the EIF improves SMEs access to finance

14 Mar, 2014

On the basis of a compromise proposal by the Hellenic Presidency, the Permanent Representatives Committee (CΟRΕPΕΡ II) reached an agreement on the Decision of the European Parliament and of the Council on the participation of the European Union in the capital increase of the European Investment Fund (EIF).

  • ECOFINEconomic & Financial Affairs (ECOFIN)

ECOFIN Council: Presidency gets updated mandate for negotiations on the SRM Regulation

11 Mar, 2014

Today, the ECOFIN Council gave the Presidency an updated mandate to negotiate with the European Parliament on a Regulation for a Single Resolution Mechanism for banks (SRM). 
The Presidency has put this issue on the top of its agenda as a key priority file.
 

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