Economic and Financial Affairs Council, 18 January 2022

Summary:

A meeting of the Economic and Financial Affairs Council (ECOFIN) was held on 18 January 2022. The agenda includes the following items:

• Presentation by the French Council Presidency of its priorities in relevant fields;
• Policy debate on the proposed Council Directive on ensuring a global minimum level of taxation for multinationals in the European Union (EU);
• Discussion concerning the state of play on the implementation of the Recovery and Resilience Facility (RRF);
• Launch of the Council's monitoring of the annual European Semester cycle:
  • Adoption of conclusions on the 2022 Alert Mechanism Report;
  • Adoption of conclusions on the 2022 Sustainable Growth Survey;
  • Endorsement of the proposed Council Recommendation on the economic policy of the Euro area;
• Provision of further guidance concerning work on the G20 EU Terms of Reference;
• Update on progress regarding a number of legislative proposals in the field of financial services;
• Update by the German delegation on the priorities of the G7 Presidency;
• Update on the latest EIB investment report.

Official

General Secretariat of the Council: Background Brief - Economic and Financial Affairs Council, 18 January 2022 https://www.consilium.europa.eu/media/53786/background-brief-ecofin-220114_en.pdf

European Commission: Remarks by Executive Vice-President Dombrovskis at the ECOFIN press conference (18 January 2022) https://ec.europa.eu/commission/presscorner/detail/en/speech_22_408

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