Economic and Financial Affairs Council, 18 June 2021

Summary:

A meeting of the Economic and Financial Affairs Council (ECOFIN) was held on 18 June 2021. The agenda includes the following items:

• Exchange of views on the implementation of the Recovery and Resilience Facility (RRF);
• Adoption of Recommendation concerning Romania under the Excessive Deficit Procedure;
• Adoption of set of Recommendations concerning the Stability or Convergence Programmes (SCPs) of the Member States, in the framework of the European Semester 2021;
• Adoption of set of conclusions concerning the fiscal sustainability challenges arising from an ageing population;
• Discussion on the way forward for different proposals concerning VAT rules;
• Information on the progress report concerning the strengthening of the Banking Union;
• Briefing on the state of play of proposed legislation concerning financial services;
• Adoption of terms of reference for forthcoming meetings of the G20 finance ministers and central bank governors.

Official

General Secretariat of the Council: Background Brief for the Economic and Financial Affairs Council, 18 June 2021 https://www.consilium.europa.eu/media/50468/background-brief-ecofin-210618.pdf

General Secretariat of the Council: Outcome of the Council meeting - Economic and Financial Affairs Council, 18 June 2021 https://www.consilium.europa.eu/media/50591/st09800-en21.pdf

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