| Author (Corporate) | Council of the European Union: General Secretariat |
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| Series Title | Meeting |
| Series Details | 12.05.15 |
| Publication Date | 12/05/2015 |
| Content Type | News |
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The Economic and Financial Affairs Council was scheduled to take place on 12 May 2015, in Brussels. According to its agenda, the ECOFIN was set to be briefed on the state of play in the trialogue negotiations on the proposal for a regulation that would establish the European fund for strategic investments (EFSI). The creation of the fund is part of the Investment plan for Europe, popularly known as the 'Juncker plan'. The Council also adopted conclusions on in-depth reviews of macroeconomic imbalances carried out by the European Commission in 16 member states (Belgium, Bulgaria, Croatia, Finland, France, Germany, Hungary, Ireland, Italy, The Netherlands, Portugal, Romania, Slovenia, Spain, Sweden and United Kingdom). The 2015 alert mechanism report identified these countries as experiencing macroeconomic imbalances, warranting in-depth reviews to determine the nature of these imbalances. Cyprus and Greece were not subject to in-depth reviews in the 2015 exercise. The ministers were also going to discuss how the member states implemented the 2014 country-specific recommendations, issued in the context of the European Semester - the EU policy coordination process. The Council adopted conclusions on a 2015 ageing report. The report provides long-term projections of the budgetary impact of ageing over the period of 2013-2060 for 28 EU member states and Norway. The report is updated every three years. |
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| Source Link | Link to Main Source http://www.consilium.europa.eu/en/meetings/ecofin/2015/05/12/ |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |
