Economic and Financial Affairs Council: round table
End production: 03/06/2008 First transmission: 03/06/2008
The June Economic and Financial Affairs Council (ECOFIN) meeting, the last under the Slovenian Presidency, had a celebratory note as two anniversaries were commemorated: the 10th anniversary of the European Central Bank (ECB) and the European System of Central Banks (ESCB), and the 50th anniversary of the European Investment Bank (EIB). The ECOFIN Council met under the chairmanship of Andrej Bajuk, Slovenian Minister for Finance and President in office of the Council. The EU Ministers for Finance opened the meeting with an exchange of views on another anniversary - the 10th anniversary of European Monetary Union. They also exchanged views on the convergence reports prepared by the Commission and the ECB, as well as the preparations for the upcoming European Council. The Ministers were also set to adopt Council conclusions on Financial Services (Clearing and Settlement) and to receive a progress report from the Presidency on Solvency II. They adopted conclusions on the Report of the Code of Conduct Group on business taxation and received a progress report on the overhaul of VAT on financial and insurance services and on the proposal for a Directive concerning the general arrangements for excise duty.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||General view of the meeting room
||Georgios Alogoskoufis, Greek Minister for Economy and Finance (3 shots)
||Wouter Bos, Dutch Minister for Finance
||Jeannot Krecké, Luxembourgish Minister for the Economy and Foreign Trade
||Lars Løkke Rasmussen, Danish Minister for Finance (2 shots)
||Andrej Bajuk, Slovenian Minister for Finance and President in office of the Council (3 shots)
||Christine Lagarde, French Minister for Economy, Industry and Employment, with Joaquín Almunia, Member of the EC in charge of Economic and Monetary Affairs (3 shots)
||Jean-Claude Juncker, Luxembourgish Minister for Finance and President of the Eurogroup, with Jeannot Krecké, Luxembourgish Minister for the Economy and Foreign Trade, Christine Lagarde, and Joaquín Almunia (4 shots)