Eurogroup Council: arrivals and round table
Ministers for Economic and Financial Affairs gathered for the Eurogroup meeting under the chairmanship of Jean-Claude Juncker, Luxembourgish Prime Minister and President of the Eurogroup. The European Commission was represented by José Manuel Barroso, President of the EC, and by Joaquín Almunia, Member of the EC in charge of Economic and Monetary Affairs. As President of the Eurogroup since January 1st, Jean-Claude Juncker presented the priorities of the Luxembourg Presidency and then undertook the traditional analysis of the Euro-zone and international economic situation, as well as the European currency's international role. Ministers also exchanged views on the current updated stability programmes of Germany, France and Greece. Ministers also discussed various options for reforming the Stability and Growth Pact. Jean-Claude Juncker has already ruled out the possibility that certain categories of spending could be exempt from the 3% deficit rule, although several European governments, such as the German, the British, the Italian and the French, have hopes for it. At this stage, the Presidency seeks to reconcile the Member States' positions, the aim being to arrive at an agreement on modifications to the application of Pact provisions by the March 7-8 Finance Council.
Didier Reynders,Domenico Siniscalco,Gerrit Zalm,Hans Eichel,Hervé Gaymard,Jean-Claude Juncker,Jean-Claude Trichet,Joaquín Almunia Aman,José Manuel Durão Barroso,Karl-Heinz Grasser,Loukás Papadímos,Pedro Solbes Mira
Brussels - Council/Justus Lipsius
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© European Communities, 2005
/ Source: EC - Audiovisual Service
Director: Catherine Vandezande
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