06 Apr 2017
EUROPEAN COMMISSION DAILY NEWS – 06 APRILBrussels Daily
Preparation of the Eurogroup and informal ECOFIN meetings, Valletta 7-8 April 2017
Vice-President Dombrovskis and Commissioner Moscovici will represent the European Commission on 7-8 April at the Eurogroup and informal ECOFIN Council meetings in Valletta. At tomorrow’s Eurogroup, Ministers will take stock of progress in the second review of the stability support programme for Greece. The Chairs of the European Central Bank’s (ECB) Supervisory Board and the Single Resolution Board (SRB) will update Ministers on the implementation of their tasks. As part of the thematic discussions on jobs and growth, the Eurogroup will hold a second round of discussions on investment in the euro area. As usual, the Eurogroup will also take stock of exchange rate developments over the past months in view of upcoming international meetings. Finally, the European Commission and the ECB will orally debrief Ministers on the main findings of the second post-programme surveillance mission to Cyprus carried out between 27-31 March. Commissioner Moscovici will participate in the press conference following the Eurogroup meeting. On Friday, EU Ministers will exchange views during a working lunch on the future of the Economic and Monetary Union (EMU). In the afternoon, the Commission along with EU Ministers and Central Bank Governors will explore how to tackle non-performing loans in the European banking sector. On Saturday, Ministers will discuss how to encourage further private investment in North Africa and beyond, given the importance of these neighbouring regions to the EU. In the final working session on Saturday, the ECOFIN will look at ways to improve tax certainty in order to boost EU’s attractiveness for businesses and investors. Vice-President Dombrovskis will participate in the two press conferences following the ECOFIN sessions on 7 and 8 April.