Economic and Financial Affairs Council, 11 October 2016

Author (Corporate)
Series Title
Series Details 11.10.16
Publication Date 11/10/2016
Content Type

A meeting of the Economic and Financial Affairs Council was held on 11 October 2016. The agenda included the following topics:

+ Discussion on the preparations for the United Nations Convention on Climate Change (COP 22 - UNFCCC) and adoption of conclusions on climate change;

+ Discussion on the lessons learned from the 2016 European Semester;

+ Information on the outcome of the G20 and IMF meetings held on 6-9 October;

+ Exchange of views on the policy challenges and options related to healthcare as well as long-term care, based on a report on health systems and fiscal sustainability released by the European Commission;

+ Information on the state of play of the negotiations on the draft directive regarding the fight against fraud affecting the EU's financial interests by means of criminal law (the PIF directive).

+ Briefing on the outcome of the Eurogroup meeting of the previous day;

+ Information on the work undertaken to improve the transparency and predictability of the Stability and Growth Pact;

+ Update by the European Commission on the excessive deficit procedures for Portugal and Spain;

+ Exchange of views on the implementation of the banking union legislation;

+ Update by the European Commission on the developments in the work of the Basel Committee on banking reforms;

Other conclusions: Tax transparency; taxation agreement with Monaco.

Source Link Link to Main Source http://www.consilium.europa.eu/en/meetings/ecofin/2016/10/11/
Related Links
ESO: Background information: Economic and Financial Affairs Council, 12 July 2016 http://www.europeansources.info/record/economic-and-financial-affairs-council-12-july-2016/
Politico, 30.09.16: Europe’s health systems on life support http://www.politico.eu/article/europe-health-care-systems-on-life-support-special-report-drug-pricing-medicines-public-services/
European Commission: DG Communication: SPEECH/16/3397, 11.10.16: Remarks by Vice-President Dombrovskis at the ECOFIN press conference http://europa.eu/rapid/press-release_SPEECH-16-3397_en.htm
EUObserver, 12.10.16: Deutsche Bank crisis tests EU regulation https://euobserver.com/economic/135462

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