Eurogroup meeting, 11 July 2016

A meeting of the Eurogroup was held on 11 July 2016. The agenda included the following topics:

+ Exchange of views on the economic and financial situation in the euro area;

+ Briefing on the developments of the financial markets following the outcome on the UK referendum on EU membership;

+ Information about the main outcomes of the fifth post-programme surveillance review in Ireland and the fourt post-programme surveillance review in Portugal;

+ Exchange of views on the budgetary situation in Spain and Portugal on the basis of possible recommendations by the European Commission relating to the excessive deficit procedure in these countries;

+ Discussion on the Eurozone's fiscal stance based on national stability programmes submitted by the member states in the context of the European Semester;

+ Discussion on growth and jobs, focusing on investment; it includes an exchange of views on how to address structural and regulatory obstacles to investment.

ESO: Background information: Eurogroup meeting, 16 June 2016 http://www.europeansources.info/record/eurogroup-meeting-16-june-2016/

European Commission: DG Communication: RAPID: SPEECH/16/2495, 11.07.16: Commissioner Moscovici opening remarks at the Eurogroup press conference http://europa.eu/rapid/press-release_SPEECH-16-2495_en.htm

Eurogroup: Statement, 11.07.16: Remarks by J.Dijsselbloem following the Eurogroup meeting of 11 July 2016 http://www.consilium.europa.eu/en/press/press-releases/2016/07/11-eg-remarks-jd/

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