Memo: Preparation of Eurogroup and Informal Economic and Finance Ministers Council, Nice (France) 12 and 13 September 2008 (Amelia Torres, Oliver Drewes, Maria Assimakopoulou, Ferran Tarradellas)

Eurogroup ministers will meet at on Friday 12 September. Joaquín Almunia, Commissioner responsible for Economic and Monetary Affairs will attend as will European Central Bank Governor Jean-Claude Trichet. A press conference is scheduled to take place after the meeting.
Ministers will discuss the economic situation, including financial market developments and oil prices, and policy responses, a point that will be continued the followed day at the Ecofin. Commissioner Almunia will present the updated forecasts published this week that will serve as a basis for the discussion.