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Press material Friday, 13 September 2024

● Eurogroup   13/09/2024 13:35 | Statements and remarks | Remarks by Paschal Donohoe following the Eurogroup meeting of 13 September 2024   Discussions we had today mostly focussed on the economic outlook and the work underway with regard to budget planning. Of course, because of all of the work that finance ministers are doing at the moment, it was a particularly helpful time to get the latest assessment from our institutions and particularly, from the European Central Bank. We discussed where the euro area economy stands at the moment. We can see that it is still growing overall and that we have avoided the risk of a real recession that many warned us of. But we also acknowledge that while that growth is there, the growth is not very fast and we can see that this growth is still uneven. We have been tracking inflation and our efforts are now bearing fruit. Inflation has indeed come down a lot. Over time this will be very positive for households and for businesses. We can see that our economies are performing much better than we would have expected, considering the many shocks that we've had to deal with. We have record levels of employment in the euro area, which is indeed a historic achievement. Ministers intervened, reflecting the fact that we are firmly in the budget season and this entails challenging and complex decisions to be made to keep our public finances on track. With the new economic governance framework in place, we now have a changed context for the coordination of our budget plans. So we considered the key guidelines in relation to this work and reminded each other of the obligations that we have within our shared currency. All agreed on the importance of getting this new framework off to a good start. The first step in all of this will be the submission of the medium-term fiscal-structural plans in which budget targets and the reforms and investments that are needed to deliver debt sustainability and then sustainable growth will be laid out. It is really important that these plans be credible and comprehensive to ensure we deliver those twin goals of allowing our economies to grow and also ensuring that we have sustainable, safe and healthy public finances. That formed the majority of our Eurogroup discussion this morning. We also heard a very helpful update from Minister Giorgetti on all of the important work that is now underway at the G7 level.

Press material Thursday, 12 September 2024

● Eurogroup   12/09/2024 20:09 | Media advisory | Media advisory - Eurogroup meeting and Informal meeting of Economic and Financial Affairs Ministers of 13 - 14 September 2024, Budapest, Hungary   Indicative programme All times are approximate and subject to change Friday 13 September - Eurogroup meeting Chaired by Paschal Donohoe, President of the Eurogroup 08.25 Arrivals (live streaming) 09.30 Eurogroup meeting in regular format Macroeconomic developments Debrief from G7 Miscellaneous At the end of the meeting (+/- 11.30) - Eurogroup press conference (live streaming). Informal meeting of Economic and Financial Affairs Ministers Friday 13 September +/- 11.30 Arrivals (live streaming) 12.00  Working session At the end of the meeting (+/- 17.00) - Informal ECOFIN press conference (live streaming).  Saturday 14 September 10.00 Working session Press kit Meeting page – Eurogroup meeting of 13 September 2024 Meeting page – Informal meeting of economic and financial affairs ministers of 13 and 14 September 2024

MEDIA ADVISORY Freiday 13 September 2024

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• Council of the EU

­ 13/09/2024 | Media advisory | Presidency event: Informal meeting of higher education and research ministers, Budapest, 16-17 September 2024 Between 16-17 September 2024, higher education and research ministers will meet in Budapest, Hungary, for an informal meeting.   The informal meeting of higher eductaion ministers will take place on 16 September 2024 with a debate on “European degree”.    Ministers of Research will meet the day after to discuss on “Strengthening European competitiveness through research and innovation (R&D) and reducing the fragmentation of the European research Area (ERA), followed by a second discussion on “The contribution of freedom of scientific research to the competitiveness of the European Union” A press conference will take place on 17 September 2024 at +/- 15.00 p.m.   For more information and to register, click here.  Further information If you have any further questions, please contact  media.presidency@hu24eu.hu HU24EU Press material Friday, 13 September 2024   ● Council of the EU   13/09/2024 11:22 | Press release | Iran: Statement by the High Representative on behalf of the European Union   The European Union strongly condemns the recent transfer of Iranian-made ballistic missiles to Russia. This transfer is a direct threat to European security and represents a substantive material escalation from the provision of Iranian UAVs and ammunition, which Russia has used in its illegal war of aggression against Ukraine. It comes in the midst of Russia’s most recent attacks against Ukraine, including with ballistic missiles and drones, which prove its clear determination to continue its brutal war of aggression against Ukraine and its people, notably targeting critical energy infrastructure, trying to cause the highest possible loss of civilian life and inflict large-scale devastation. Iranian ballistic missiles could now be used to cause further suffering and destruction in Ukraine. The European Union's position on Iran’s involvement in Russia’s war has always been clear. The European Union has repeatedly strongly cautioned Iran against transfers of ballistic missiles to Russia. The European Union will respond swiftly and in coordination with international partners, including with new and significant restrictive measures against Iran, including the designation of individuals and entities involved with Iran's ballistic missile and drone programmes, and in this regard is considering restrictive measures in Iran’s aviation sector as well.