ECOFIN Debate

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Department: HM Treasury

ECOFIN

George Osborne Excerpts
Tuesday 9th December 2014

(9 years, 5 months ago)

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George Osborne Portrait The Chancellor of the Exchequer (Mr George Osborne)
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A meeting of the Economic and Financial Affairs Council will be held in Brussels on 9 December 2014. Ministers will discuss the following items:

Financial transactions tax

The presidency will present a short state of play update on this file, both in light of work carried out during its semester and work which will be taken forward under the next presidency.

Current legislative proposals

The presidency will provide an update on the status of current legislative files.

Single resolution mechanism—single resolution fund contributions

The presidency will seek political agreement on a proposed regulation regarding ex ante contribution by participants to the single resolution fund.

Measures in support of investment

Ministers will discuss measures to support investment ahead of discussion at December European Council.

Review of the Europe 2020 strategy

The Council will hold a follow-up discussion on the Europe 2020 review ahead of General Affairs Council in December.

Economic governance

Ahead of discussion at December European Council the Commission will present a suite of documents, including the annual growth survey 2015, the alert mechanism report 2015 and a communication on the six-pack and two-pack review. Ministers will then hold an exchange of views on these items.

Annual report of the Court of Auditors on budget implementation

The President of the European Court of Auditors will present the court’s annual report on the implementation of the budget for the financial year 2013.

Code of conduct (business taxation)

The Council will be invited to endorse the report on the progress of the code of conduct group during the Italian presidency, and to adopt accompanying Council conclusions.

Letter by Finance Ministers Sapin, Schaeuble and Padoan to Commissioner Moscovici

The presidency will provide information on a letter from France, Germany and Italy to Commissioner Moscovici outlining views on ways forward to tackle tax avoidance.