Eurogroup meeting, 21 May 2021

Summary:

A meeting of the Eurogroup was held on 21 May 2021. The agenda included the following items:

• Exchange of views with the European Parliament's ECON committee chair on the macroeconomic and fiscal situation in the Euro Area, based on the latest Commission economic forecast;
• Discussion on the functioning of adjustment mechanisms in the Eurozone, focusing on the COVID-19 (coronavirus) pandemic;
• Adoption of the Eurogroup's work programme for the second half of 2021;
• Briefing by the chair of the ECB's Supervisory Board on the latest supervisory tasks, with a focus on credit and climate risks, and Brexit;
• Update by the chair of the Single Resolution Board (SRB) on the latest activities, with a focus on resolvability, Minimum Requirements for own funds and Eligible Liabilities (MREL) and the build-up of the Single Resolution Fund (SRF).

Official

Eurogroup: Press Release, 21/05/2021: Statement by the Eurogroup President Paschal Donohoe on the Eurogroup work programme for the second half of 2021 https://www.consilium.europa.eu/en/press/press-releases/2021/05/21/statement-by-the-eurogroup-president-on-the-eurogroup-work-programme-for-the-second-half-of-2021/

Eurogroup: Remarks by Paschal Donohoe following the Eurogroup meeting of 21 May 2021 https://www.consilium.europa.eu/en/press/press-releases/2021/05/21/remarks-by-paschal-donohoe-following-the-eurogroup-meeting-of-21-may-2021/

European Commission: Remarks by Commissioner Gentiloni at the Eurogroup press conference (21 May 2021) https://ec.europa.eu/commission/presscorner/detail/en/speech_21_2611

---