Memo: Preparation of Economic and Finance Ministers Council, Brussels, 5 March

The EU's Council of Economic and Finance Ministers will take place on Tuesday, 5 March at 10.30. The European Commission will be represented by Olli Rehn, Vice President and Commissioner for Economic and Monetary Affairs and the Euro, Michel Barnier, Commissioner for Internal Market and Services and Algirdas Šemeta, Commissioner for Taxation and Customs Union. Main topics for the Council include:

- Revised Capital Requirements rules (CRD IV) (SDR)

- VAT Fraud: Quick Reaction Mechanism – Reverse Charge Mechanism (ET)

- Economic Governance – "Two Pack" (SOC)

- European Semester – discussion of thematic issues - Report on quality of public finances (SOC)

- Economic and Monetary Union European Semester – Response to President of European Council (SOC)

- Follow-up to G20 Meeting of Finance Ministers and Governors (Moscow, Russia) (SOC)