Video conference of economics and finance ministers, 6 October 2020

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Publication Date 06/10/2020
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Summary:

EU Ministers responsible for financial and economic matters (ECOFIN) held a videoconference on 6 October 2020. The agenda included the following items:

  • Adoption of general approach on proposed Recovery and Resilience Facility (RRF);
  • Exchange of views on a package of proposals concerning digital finance;
  • Presentation by the European Commission on its Communication setting out a new Action Plan concerning the Capital Markets Union (CMU), followed by an exchange of views;
  • Exchange of views on lessons learned from the 2020 cycle of the European Semester;
  • Briefing on progress achieved concerning a number of legislative proposals related to financial services;
  • Briefing on the next steps following the Eurogroup's support for the candidacy of Frank Elderson to become a member of the Executive Board of the European Central Bank (ECB);
  • Update on the preparations for a forthcoming G20 finance ministers' and central banks governors' meeting, as well as for the International Monetary and Financial Committee (IMFC) annual meeting.
Source Link https://www.consilium.europa.eu/en/meetings/ecofin/2020/10/06/
Related Link(s)
Official
General Secretariat of the Council: Background Brief for the Economic and Financial Affairs Council, 6 October 2020 https://www.consilium.europa.eu/media/45936/ecofin-background-brief_en.pdf
European Commission: Remarks by Executive Vice-President Dombrovskis at the ECOFIN press conference (6 October 2020) https://ec.europa.eu/commission/presscorner/detail/en/speech_20_1841

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