Issues on the agenda for the Ecofin Council meeting, 14 February

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EU Ministers for Economic Affairs and Finance will convene in Brussels on 14 February for the second meeting of the Economic and Financial Affairs Council (ECOFIN) during the Swedish Presidency of the Council of the EU.

The ministers’ discussion topics will include the ongoing economic governance review, which includes the rules to ensure sound public finances and growth in EU Member States.

“We need common rules to ensure stability in the EU economy and to be prepared to face challenges both today and in the future. I’m hoping for constructive talks about the review so that we can advance the work,”

Elisabeth Svantesson, Minister for Finance

The agenda in brief

Economic and financial impact of Russia’s aggression against Ukraine

A recurring agenda item addressing various economic and financial aspects of Russia’s aggression against Ukraine. This meeting will have a particular focus on the sanctions against Russia, where the Commission is expected to provide a state of play and the ministers will have the opportunity to exchange views.

Economic governance review

The Council will discuss the ongoing economic governance review. The review includes the Stability and Growth Pact, i.e. a set of rules designed to ensure sound public finances and growth in the EU. Various parts of a possible reform will be discussed at the meeting, the aim being to identify initial values for further work.

Council implementing decisions under the Recovery and Resilience Facility

The Council will adopt an amending implementing decision approving the Commission’s assessment of the recovery and resilience plan for Germany.

Preparation of the G20 Finance Ministers and Central Bank Governors meeting of 24-25 February 2023

The Council will approve the G20 EU terms of reference in view of the G20 finance ministers and central bank governors meeting on 24–25 February 2023.

Any other businesses: Current financial services legislative proposals

A recurring agenda item where the Presidency will present the state of play of financial services legislative proposals.

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