Informal meeting of the Economy and Finance Ministers: extracts from the joint press conference by Christine Lagarde, French Minister for Economy, Industry and Employment, Joaquín Almunia, László Kovács and Jean-Claude Trichet
Following the Economy and Finance Council, Jean-Claude Trichet, President of the European Central Bank, Joaquín Almunia, Member of the EC in charge of Economic and Monetary Affairs, László Kovács, Member of the EC in charge of Taxation and Customs Union, and Christine Lagarde, French Minister for Economy, Industry and Employment-, gave a joint press conference.
The Council focused on work aimed at reinforcing financial stability in the EU, a more pertinent priority than ever before with regard to restoring confidence in the context of the economic slowdown. The ministers, governors of the central banks, and representatives from the Commission and the European Central Bank (ECB) examined the recent developments in the financial markets and the appropriate responses in the current context. SHOTLIST