The Chancellor of the Ex chequer (Mr George Osborne)
A meeting of the Economic and Financial Affairs Council will be held in Brussels on 9 July 2013. The following items are on the agenda to be discussed.
Presentation of the Lithuanian Presidency Work Programme
The presidency will present its six-month work programme for ECOFIN.
Follow-up to the European Council on 27-28 June 2013
Ministers will hold an exchange of views on the June European Council conclusions.
Adoption of the euro by Latvia
Following the recommendation adopted at June ECOFIN and the positive assessment of Latvia’s convergence programme and criteria at European Council, ECOFIN will adopt the legal acts concerning the adoption of the euro by Latvia.
Implementation of the two-pack
The Council will seek to endorse the code of conduct for the euro area member states on draft budgetary plans and the Council will be invited to confirm its intention not to raise objections to the delegated regulation proposed by the Commission, on content and scope of the reporting obligations for euro area member states subject to an excessive deficit procedure.
Follow-up to G20 Finance Deputies meeting on 6-7 June (St Petersburg) and preparation of G20 Meeting of Finance Ministers and Governors of 19-20 July (Moscow)
The presidency and the Commission will debrief Ministers on the G20 Finance Deputies meeting. Council will then be invited to endorse the EU terms of reference for the forthcoming G20 Finance Ministers’ and Central Bank Governors’ meeting.
Any other business—Current legislative proposals
The presidency intends to give a state of play update on the market abuse directive/market abuse regulation.