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Minister Andrej Šircelj, Minister of Finance of Slovenia, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Slovenian Presidency (July-December 2021). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the Slovenian Presidency priorities in ECON matters, including the Council’s work relating ...

Olaf Scholz, Minister of Finance of Germany, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the German Presidency (July-December 2020). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the German Presidency priorities in ECON matters, including the establishment of the new and temporary ...

Zdravko Marić, Minister of Finance of Croatia, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Croatian Presidency (January-June 2020). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the Croatian Presidency priorities in ECON matters, including the deepening of EMU, and the Council’ ...

Mika Lintilä, Minister of Finance of Finland, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Finnish Presidency (July - December 2019). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the Finnish Presidency priorities in ECON matters and the Council’s work relating to the implementation ...

The Macroeconomic Imbalance Procedure (MIP) is a policy tool introduced within the reinforced economic governance framework adopted in 2011. The MIP aims at preventing and correcting macroeconomic imbalances in Member States, with specific attention to imbalances with potential spillovers effects on other Member States.

Political developments in the Visegrád Group countries have raised concern over the commitment of some of their leaders and senior politicians to European Union values, notably the rule of law. The Visegrád Group is an informal alliance of the Czech Republic, Hungary, Poland and Slovakia, all of which joined the EU in 2004. Criticism by EU officials and some other Union governments centres on Hungary and Poland, where governments have implemented a number of controversial reforms, notably of the ...

Toomas Tõniste, Minister of Finance of Estonia, is participating in the ECON Committee in his capacity of the outgoing President of the ECOFIN Council following the Estonia’s Presidency (July - December 2017). Vladislav Goranov, Minister of Finance of Bulgaria, is participating in the ECON Committee in his capacity of the incoming President of the ECOFIN Council during the Bulgaria’s Presidency (January - July 2018). This briefing provides an overview of the main achievements of the Estonian Presidency ...

Toomas Töniste, Minister of Finance of Estonia, is participating in the ECON Committee as current President of the ECOFIN Council during the Estonia Presidency (July - December 2017). According to the Treaty of the Union “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing reviews recent developments with regard to Economic Governance issues, including activities in the context of the European Semester, as well ...

Edward Scicluna, Minister of Finance of Malta, is participating in the ECON Committee as current President of the ECOFIN Council during the Maltese Presidency (January - June 2017). According to the Treaty of the Union “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing reviews recent developments with regard to Economic Governance issues, including activities in the context of the European Semester, as well ...

The document compares the draft 2017 Country Specific Recommendations (CSRs) proposed by the Commission on 22 May 2017 with the 2017 CSRs agreed on the Council Committee level (documents dated 12 June 2017) and submitted to the Council (ECOFIN) for approval on 16 June 2017. These CSRs are to be generally endorsed by the European Council on 22 23 June 2017 and formally adopted by the Council (ECOFIN) on 11 July 2017.