Economic and Financial Affairs Council, 6 May 2014, Brussels

Main results of the Council:

The Council adopted harmonised rules on bank recovery and resolution, following their approvalby the European Parliament.

It adopted conclusions on macroeconomic imbalances in the member states, in the light of the Commission's in-depth reviews.

The Council adopted a directive on the protection of the euro and others currencies against counterfeiting by criminal law.

It authorised the opening of negotiations with Switzerland on an institutional framework to govern bilateral relations.

It amended the list the third countries whose nationals must be in possession of visas when entering a member state of the EU.

The Council adopted a regulation aimed at making the EU solidarity fund more responsive and simpler to use. The fund provides financial assistance in the event of natural disasters in Europe.

It approved an initiative enabling the European Police College to move its seat from Bramshill (United Kingdom) to Budapest (Hungary).

• Primary Source

ESO: Background information: Innovation investment package: private and public partnerships for research and innovation http://www.europeansources.info/record/press-release-innovation-investment-package-private-and-public-partnerships-for-research-and-innovation-2/

ESO: Background information: Negotiating mandate for an EU-Switzerland institutional framework agreement http://www.europeansources.info/record/press-release-negotiating-mandate-for-an-eu-switzerlandinstitutional-framework-agreement/

European Commission: RAPID: MEMO/14/326: Preparation of Economic and Finance Ministers Council, Brussels, 6 May http://europa.eu/rapid/press-release_MEMO-14-326_en.pdf

ESO: Background information: New rules for shipments of waste http://www.europeansources.info/record/press-release-new-rules-for-shipments-of-waste/

ESO: Background information: Council adopts new rules for EU solidarity fund http://www.europeansources.info/record/press-release-council-adopts-new-rules-for-eu-solidarity-fund/

ESO: Background information: Council adopts directive on the protection of the euro and other currencies against counterfeiting http://www.europeansources.info/record/press-release-council-adopts-directive-on-the-protection-of-the-euro-and-other-currencies-against-counterfeiting/

ESO: Background information: CEPOL moving to Budapest http://www.europeansources.info/record/press-release-cepol-moving-to-budapest-2/

ESO: Background information: Council adopts rules on bank recovery and resolution http://www.europeansources.info/record/press-release-council-adopts-rules-on-bank-recovery-and-resolution/

ESO: Background information: The adoption of its financing concludes the fisheries reform http://www.europeansources.info/record/press-release-the-adoption-of-its-financing-concludes-the-fisheries-reform/

ESO: Background information: Council amends list of non-EU countries whose nationals are exempt from the visa requirement http://www.europeansources.info/record/adoption-of-a-regulation-amending-list-of-third-countries-not-exempt-from-the-visa-requirement/

Council of the European Union: Council conclusions on in-depth reviews (IDRs) 2014 http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/142506.pdf

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