Eurogroup, Brussel - EU monitor

EU monitor
Maandag 16 december 2019
kalender

Eurogroup, Brussel

Atomium in Brussel.
© Kevin Bergenhenegouwen
datum 11 maart 2019
plaats Brussel, België
locatie Brussels Toon locatie
aanwezigen G.H. (Günther) Oettinger i e.a.
organisatie Eurogroep i

Video summary of the March Eurogroup meeting

Main results

Regular format

Greece - 2nd enhanced surveillance report

The European Commission informed the Eurogroup on the main findings of the 2nd enhanced surveillance mission to Greece.

The Commission adopted a decision on 11 July to activate the enhanced surveillance framework for Greece, which entered into force following the end of the ESM programme, in August 2018.

The quarterly enhanced surveillance reports enable close monitoring of the economic, fiscal and financial situation and the post programme policy commitments, as agreed by the June 2018 Eurogroup.

The Eurogroup today discussed the very good progress Greece made with reforms. If all commitments are met, we will consider in April further implementation of agreed debt relief measures.

Eurogroup President Mário Centeno

Thematic discussion on growth and jobs - housing markets

The Eurogroup discussed the housing markets in the eurozone on the basis of a technical note by the Commission and an oral presentation by Professor Lars E.O. Svensson, Professor of Economics at the Stockholm School of Economics and former Deputy Governor of the Sveriges Riksbank.

Housing markets developments are of key relevance for macroeconomic stability, and thus for the economic resilience of the Economic and Monetary Union (EMU).

Latvia's updated draft budget plan

The Eurogroup discussed the updated draft budgetary plan of Latvia for 2019 and issued a statement.

Inclusive format

Budgetary instrument - focus on the expenditure side

Following the mandate received by EU leaders at the 14 December Euro Summit, the Eurogroup in inclusive format continued to discuss the deepening of the Economic and Monetary Union.

Ministers exchanged views on the features of the budgetary instrument for convergence and competitiveness for the euro area, and European Exchange Rate Mechanism (ERM II) member states on a voluntary basis, with a focus on expenditure related aspects.

There is broad agreement that this tool should support both structural reforms and public investment. This, in line with priorities and challenges identified in the European Semester.

Eurogroup President Mário Centeno


1.

Eurogroep

De Eurogroep bestaat uit de ministers van Financiën van de landen die de euro als nationale munteenheid hebben ingevoerd (de eurozone i). Dit samenwerkingsverband heeft als doel de coördinatie van economisch beleid binnen de muntunie i te versterken en de financiële stabiliteit van de eurolanden te bevorderen. Het is strikt genomen een informeel orgaan en geen formatie i van de Raad.

De Eurogroep bereidt ook de bijeenkomsten voor van de Eurotop i, die bestaat uit de staatshoofden en de regeringsleiders van de eurolanden, en zorgt voor de uitwerking van de besluiten die daarin worden genomen.

2.

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