Press Release: Economic and Financial Affairs Council, 28 January 2014, Brussels

Main results of the Council:

The Council adopted a decision establishing the existence of an excessive deficit in Croatia. It issued a recommendation to Croatia setting out the measures to be taken to correct the deficit by 2016.

The Council adopted a directive aimed at creating a single market for mortgage credits. This
follows an agreement reached with the European Parliament at first reading.

European Commission: RAPID: Memo, MEMO/14/56: Preparation of Economic and Finance Ministers Council, Brussels, 28 January http://europa.eu/rapid/press-release_MEMO-14-56_en.pdf

ESO: Background information: Council adopts directive on mortgage credits http://www.europeansources.info/record/press-release-council-adopts-directive-on-mortgage-credits/

ESO: Background information: Council opens excessive deficit procedure for Croatia http://www.europeansources.info/record/press-release-council-opens-excessive-deficit-procedure-for-croatia/

European Commission: RAPID: Speech, SPEECH/14/70: Speaking points by VP Rehn at the ECOFIN Press Conference http://europa.eu/rapid/press-release_SPEECH-14-70_en.pdf

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