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Eurogroup, Brussel

Atomium in Brussel.
© Kevin Bergenhenegouwen
datum 17 februari 2020
plaats Brussel, België
organisatie Eurogroep

Live streaming

Live streaming

17 February 2020

  • 13:30 Arrivals
  • Press conference after the meeting

Estimated schedule

Agenda highlights

Regular format (15.00)

Appointment of the Eurogroup Working Group President

After Hans Vijlbrief's resignation from his position as President of the Eurogroup Working Group (EWG) on 29 January 2020, Tuomas Saarenheimo, the Finnish member of the EWG, was elected in the EWG on 6 February 2020 to replace him.

Based on the recommendation from the EWG, the Eurogroup is expected to appoint the new President of the EWG, who will take up duties as of 1 April 2020.

Presentation of the Commission priorities for the Economic and Monetary Union

The Commission will present its priorities for the Economic and Monetary Union (EMU).

Presentation of the Commission Six- and Two-Pack review - eurozone related issues

The Commission will present the main points of its communication on the economic governance review, focusing on those that are relevant for the eurozone.

Some elements of the EU economic governance are applicable only to the eurozone, notably the so called “2-pack” reforms that were introduced in 2013 to establish a framework for dealing with member states facing financial stability difficulties and to strengthen budgetary co-ordination.

Thematic discussion on growth and jobs: tax wedge on labour

As part of the thematic discussions on growth and jobs, the Eurogroup will continue to exchange views on the tax wedge on labour, focusing on a shift from labour to other forms of taxation. This discussion will look more particularly at the shift from labour to environmental taxation. The aim is to foster the sharing of good policy practices.

A technical note by the Commission and a presentation by Professor Ottmar Edenhofer, Director of the Mercator Research Institute on Global Commons and Climate Change (MCC) and of the Potsdam Institute for Climate Impact Research (PIK), will inform the debate.

Ireland - Post-programme surveillance

The Eurogroup will be informed by the European Commission and the European Central Bank (ECB) on the main findings of the 12th post-programme surveillance mission to Ireland carried out between 19-21 November.

The European Stability Mechanism (ESM) will inform ministers about its early warning system. The Eurogroup will also be informed by the International Monetary Fund (IMF) about its staff visit to Ireland.

Economic situation in the eurozone - Commission's winter forecast

The Eurogroup will exchange views on the economic situation of the eurozone on the basis of the Commission's Winter 2019 Forecast.

Regular discussions of the economic situation and economic policy challenges underpin the Eurogroup's efforts to bolster economic growth and job creation.

2020 euro area recommendations

The Eurogroup will discuss the draft 2020 recommendations addressed to the euro area, ahead of their approval at the Economic and Financial Affairs Council.

Inclusive format (18.00)

Budgetary instrument for convergence and competitiveness: report on a possible Intergovernmental Agreement (IGA)

At the Euro summit in December 2019, EU leaders invited the Eurogroup to provide a swift contribution on the appropriate solutions for the financing of the budgetary instrument for convergence and competitiveness (BICC), on the basis of the October 2019 term sheet, in order to be able to finalise it in the context of the next multiannual financial framework (MFF).

Ministers will discuss a report to be delivered to EU leaders, covering the need, the content, the modalities and the size of a possible IGA for the BICC.

Banking union: reporting by Denmark and Sweden

Both Denmark and Sweden have recently issued reports about the implications of a possible participation in the banking union. Ministers Nicolai Wammen and Magdalena Andersson will present the key elements of these reports.


Inhoud

1.

Eurogroep

De Eurogroep bestaat uit de ministers van Financiën van de landen die de euro als nationale munteenheid hebben ingevoerd (de eurozone). Dit samenwerkingsverband heeft als doel de coördinatie van economisch beleid binnen de muntunie te versterken en de financiële stabiliteit van de eurolanden te bevorderen. Het is strikt genomen een informeel orgaan en geen formatie van de Raad.

De Eurogroep bereidt ook de bijeenkomsten voor van de Eurotop, die bestaat uit de staatshoofden en de regeringsleiders van de eurolanden, en zorgt voor de uitwerking van de besluiten die daarin worden genomen.

2.

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