EUROGROUP-COUNCIL OF THE EUROPEAN UNION latest

 

Press material Saturday 13 May 2023

● Eurogroup   13/05/2023 06:42 | Press release | G7 Finance Ministers and Central Bank Governors meeting communiqué, Niigata, Japan, 13 May 2023   We, the G7 Finance Ministers and Central Bank Governors, met in Niigata, joined by the Heads of the International Monetary Fund, World Bank Group, Organisation for Economic Cooperation and Development, and Financial Stability Board. We were honored to be joined virtually by the Ukrainian Finance Minister Sergii Marchenko. We reaffirmed our strong commitment to our united response to Russia´s war of aggression against Ukraine, which is also an attack on the rule of law and the principles of the UN Charter, and to our unwavering support for Ukraine for as long as it takes. In the face of multiple and complex global challenges, we renewed our commitment to upholding the free, fair and rules-based multilateral system and elevated our engagement with international partners to new heights through an extensive dialogue to advance international cooperation and deliver prosperity for all. We highly valued the productive dialogue with the Finance Ministers of Brazil, Comoros, India, Indonesia, the Republic of Korea, and Singapore. G7 members and Finance Ministers of these countries exchanged views on recent global economic developments and major challenges to foster robust and sustainable growth, and committed to jointly tackle a range of global economic challenges, fight poverty, and achieve strong, sustainable, balanced, and inclusive global growth. Read the full text of the communiqué

Press material Friday 12 May 2023

● General Secretariat   12/05/2023 18:43 | Press release | Forward look: 15-28 May 2023   Overview of the main topics and events at the Council of EU and European Council for the coming fortnight. Education, Youth, Culture and Sport Council, 15-16 May 2023 Ministers for education, youth, culture and sport will meet in Brussels to discuss the social dimension of a sustainable Europe for youth, respect for human rights in international sporting events, the European Education Area, automatic mutual recognition of education and training qualifications, and the state of play of the European Media Freedom Act. Read more Economic and Financial Affairs Council, 16 May 2023 The Council will aim to agree its position on the ‘DAC8’ directive on administrative cooperation in the field of taxation. It will also adopt the regulation on markets in crypto-assets (MiCA) as well as the regulation on information accompanying transfers of funds and certain crypto-assets. Ministers will have a first discussion on the proposed review of the Bank Crisis Management and Deposit Insurance framework (CMDI). Read more Competitiveness Council, 22-23 May 2023 On 22 May, ministers responsible for the internal market and industry will aim to adopt regulation establishing a framework for setting ecodesign requirements for sustainable products. They will also discuss long term competitiveness and how to secure sustainable supply of critical raw materials. On 23 May, ministers for research will adopt conclusions on scholarly publishing and hold a debate on knowledge security and responsible internationalization. Ministers responsible for space will adopt conclusions on ‘Fair and sustainable use of space’ and hold a debate on the opportunities of the so-called New Space. Read more Foreign Affairs Council, 22 May 2023 On 22 May the Foreign Affairs Council will exchange views on the Russian aggression against Ukraine, Western Balkans and the Horn of Africa. Read more Foreign Affairs Council (Defence), 23 May 2023 On 23 May the FAC Defence will be informed about current affairs and discuss EU support to Ukraine. Read more Foreign Affairs Council (Trade), 25 May 2023 The Foreign Affairs Council (Trade) will discuss EU-US and EU-China trade relations. Ministers will also be informed about the preparations for the 13th WTO Ministerial Conference. Ongoing bilateral trade negotiations will be on the table during a working lunch. Read more Other events Eurogroup, 15 May 2023 G7 summit, Hiroshima, Japan, 19-21 May 2023 European Economic Area Council, 24 May 2023 Indicative calendar of meetings under the Swedish presidency (1 January - 30 June 2023)

Meetings Friday 12 May 2023

● Council of the EU   12/05/2023 11:47 | MEETING | Agenda highlights - Economic and Financial Affairs Council, 16 May 2023   The Council will aim to agree its position on the ‘DAC8’ directive on administrative cooperation in the field of taxation. It will also adopt the regulation on markets in crypto-assets (MiCA) as well as the regulation on information accompanying transfers of funds and certain crypto-assets. Ministers will have a first discussion on the proposed review of the Bank Crisis Management and Deposit Insurance framework (CMDI).

Meetings Friday 12 May 2023

● Eurogroup 12/05/2023 11:24 | MEETING | Agenda highlights - Eurogroup, 15 May 2023 The Eurogroup will discuss macroeconomic developments in the euro area and structural challenges for the corporate sector in the context of heightened geopolitical tensions. Ministers will also exchange views on the banking and capital markets unions and take stock of progress on the digital euro project. Eurogroup Eurogroup, 15 May 2023 Agenda highlights In regular format: Macroeconomic developments in the euro area The Commission is expected to present its Spring Economic Forecast. On this basis, the Eurogroup will exchange views on the economic prospects and challenges for policy coordination going forward. Corporate sector: structural challenges ahead in the context of heightened geopolitical tensions On the basis of a Commission note, ministers are expected to engage in a discussion on the challenges facing the euro area corporate sector in the context of heightened geopolitical tensions. Debrief from international meetings The Eurogroup president Paschal Donohoe, the institutions and the chair of the International Monetary and Financial Committee (IMFC), Spain’s first vice-president and minister for economy and digitalisation Nadia Calviño, will debrief on recent international meetings, including the recent meetings of the G7 finance ministers and central bank governors.International Monetary and Financial Committee G7 Meeting of finance ministers and central bank governors In banking union format: Reporting on banking union Ministers of countries that are part of the banking union will hear the bi-annual report of the chairs of the Single Supervisory Mechanism (SSM) and of the Single Resolution Board, Andrea Enria and Dominique Laboureix. Following the chairs’ attendance at the previous Eurogroup meeting in April, this will provide further insights on the state of the banking sector in light of recent financial events. As customary, participants will also hear reports on the supervisory and resolution activities in the institutions’ remit.Banking union (background information) Single Supervisory Mechanism Single Resolution Board In inclusive format: Central bank digital currencies The Eurogroup in inclusive format will exchange views on the international aspects of central bank digital currencies (CBDCs) and on the progress on the digital euro project. The discussion will be based on an issues note, presentations by the institutions and an update by the Swedish minister for finance, Elisabeth Svantesson, on the state of play of the e-krona project. The discussion is part of a regular exchange in the Eurogroup on the digital euro project and stocktaking on the progress of international central bank digital currency projects.Digital finance (background information) Capital markets union The Eurogroup president will present his views on how to advance the capital markets union as a follow-up to the March 2023 Eurosummit and in line with discussions in the Eurogroup meeting in inclusive format of 28 April 2023. Ministers are expected to discuss the way forward and give their views on an indicative plan for future work on this topic in the Eurogroup, without prejudice to the legislative discussions taking place in the Council.Capital markets union (background information) Eurosummit, 24 March 2023 Eurogroup, 28 April 2023 Meeting information Brussels 15 May 2023 Preparatory documentsTechnical note - Corporate vulnerability and the energy crisis: challenges and policy responses (agenda item 2) Draft agenda, Eurogroup Draft agenda, Eurogroup in inclusive format Draft annotated agenda, Eurogroup Draft annotated agenda, Eurogroup in inclusive format Meetings Thursday 11 May 2023   ● Council of the EU   11/05/2023 12:02 | MEETING | Background brief - Education, Youth, Culture and Sport Council, 15-16 May 2023   Background brief - Education, Youth, Culture and Sport Council, 15-16 May 2023

13/05/2023 18:30 | Press release New political momentum to enhancing partnerships between the EU and the Indo-Pacific On 13 May 2023, the second EU Indo-Pacific Ministerial Forum was held in Stockholm. The Ministerial Forum was co-chaired by Mr Josep Borrell, EU High Representative for Foreign Affairs and Security Policy / Vice-President of the European Commission, and Mr Tobias Billström, Minister for Foreign Affairs of Sweden.

13/05/2023 00:00 | Event

EU Indo-Pacific Ministerial Forum

Updated with programme.

13/05/2023 11:00 | Press release Foreign Ministers discussed Russia’s aggression against Ukraine and EU-China relations On Friday 12 May, EU foreign ministers gathered in Stockholm for the Informal Meeting of foreign affairs ministers (Gymnich). Minister for Foreign Affairs Tobias Billström hosted the meeting, which was chaired by EU High Representative for Foreign Affairs and Security Policy Josep Borrell. 13/05/2023 06:00 | Press release Ukrainian Minister for Foreign Affairs to attend informal meeting of EU foreign affairs ministers in Stockholm At the invitation of Minister for Foreign Affairs Tobias Billström and EU High Representative for Foreign Affairs and Security Policy Josep Borrell, Ukrainian Minister for Foreign Affairs Dmytro Kuleba will visit Stockholm on Saturday 13 May to attend the informal meeting of EU foreign affairs ministers (Gymnich). 12/05/2023 00:00 | Event LIVE: Informal meeting of foreign affairs ministers - Gymnich LIVE: Press conference with Swedish Minister for Foreign Affairs Tobias Billström and High Representative for Foreign Affairs and Security Policy Josep Borrell.