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Tue 5 Mar 2013

ECOFIN meeting

  • By Yafit Lazar
  • Last update: 58 weeks ago
  • Justus Lipsius building, Brussels, Région de Bruxelles-Capitale, Belgium

Wikipedia-MPD01605

Economic and Financial Affairs Council (ECOFIN), consisting of economic and finance ministers of the 27 European Union member states, meets for its monthly session. The council covers the coordination of the economic policies. It monitors the economy and keep control of the budgetary policy, public finances, the euro, financial markets and capital movements.

ECOFIN shapes EU policy in economic and financial areas, in consultation with the European Parliament and prepares the EU budget which is about €100 billion.

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