Economic and Financial Affairs Council, 14 June 2019

Summary:

A meeting of the Economic and Financial Affairs Council was held on 14 June 2019. The agenda includes the following items:

• Adoption of decision to close the excessive deficit procedure (EDP) for Spain;
• Adoption of decisions on Hungary and Romania as regards their budgetary situation, including recommendations on measures to correct deviations;
• Discussion on relevant issues addressed in the country-specific recommendations (CSRs) in the framework of the annual European Semester cycle;
• Discussion on the investment and finance-related aspects of a Communication from the European Commission on a strategic long-term vision for a climate neutral economy;
• Update on progress of work relating to the financial transaction tax (FTT)
• Adoption of decision to update the EU list of non-cooperation jurisdictions;
• Adoption of report on tax issues;
• Adoption of report and conclusions on the work carried out by the Code of C0nduct group on business taxation;
• Adoption of progress report on the state of play of the banking union;
• Presentation by the European Commission of report on the implementation of the Action Plan on non-performing loans (NPLs);
• Adoption of proposed regulation on pan-European personal pension products.