Economic and Financial Affairs Council, 5 December 2019

Summary:

A meeting of the Economic and Financial Affairs Council was held on 5 December 2019. The agenda includes the following items:

• Adoption of conclusions on the EU energy taxation framework;
• Adoption of a work plan on climate action;
• Discussion on the future agenda for sustainable finance;
• Adoption of conclusions on strategic priorities for anti-money laundering and countering the financing of terrorism;
• Adoption of conclusions on further deepening the Capital Markets Union (CMU);
• Adoption of joint statement on 'stablecoins';
• Adoption of conclusions on the European financial architecture for development;
• Briefing on progress in strengthening the banking union and the incumbent Council Presidency;
• Briefing on state of play of implementation of the Action Plan to tackle non-performing loans (NPLs) in Europe;
• Adoption of conclusions and endorsement of report on progress achieved by the Code of Conduct Group on business taxation;
• Adoption of Decisions on Hungary and Romania, in the framework of the procedures triggered by the Stability and Growth Pact (SGP).

Official

Outcome of the Economic and Financial Affairs Council, 5 December 2019 https://www.consilium.europa.eu/media/41655/st14851-en19-docx.pdf

European Commission: Opening remarks by Executive Vice-President Valdis Dombrovskis at the ECOFIN press conference, 5 December 2019 https://ec.europa.eu/commission/presscorner/detail/en/speech_19_6685

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