The Financial Secretary to the Treasury (Nicky Morgan)
A meeting of the Economic and Financial Affairs Council will be held in Brussels on 8 July 2014. Ministers will discuss the following items:
Level 2 legislation on bank contributions under bank recovery and resolution directive and the single resolution mechanism
The Commission will brief the Council on the preparation of implementing legislation that will determine the contributions to be paid by banks to resolution funds established under the directive on bank recovery and resolution (BRRD) and the regulation on the single resolution mechanism (SRM).
Presentation of the Italian presidency work programme
The incoming Italian presidency will make a public presentation of its work programme for ECOFIN.
Review of the EU2020 strategy
Council will hold an initial discussion as part of a mid-term review of the Europe 2020 strategy.
Savings taxation: update on negotiations with third countries
Following agreement on the amended savings taxation directive, the Commission will update the Council on third country negotiations on the directive between the EU and Switzerland, Liechtenstein, Andorra, Monaco and San Marino.