Economic and Financial Affairs

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Joaquín Almunia, Commissioner for Economic and Monetary Affairs

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Our activities in the context of the EU

Summaries of EU legislation > Economic and monetary affairs

Welcome to the Directorate General for Economic and Financial Affairs !

Who we are and what we do

The Directorate-General for Economic and Financial Affairs (DG ECFIN) reports to the Commissioner for Economic and Monetary Affairs, Joaquín Almunia. It strives to improve the economic wellbeing of the citizens of the European Union, by developing and promoting policies that lead to sustainable economic growth, a high level of employment, stable public finances and financial stability.

• Mission statement in full

Organisation

The Directorate-General has nearly 550 permanent staff, most - around 440 - based in Brussels and the remainder in Luxembourg.

• Directory

• Organisational chart

Director General

Marco Buti has been Director-General for Economic and Financial Affairs at the European Commission since December 2008, after a 6-month period as acting Director-General.

After completing studies at the University of Florence and the University of Oxford, Mr. Buti joined the European Commission in 1987. He held various posts as an economist within DG ECFIN and the Commissioner's cabinet (private office) before taking up a post as an economic adviser to the Commission President in 2002-03. In September 2003 he returned to DG ECFIN to head up the Directorate for economies of the Member States, and was subsequently appointed Deputy Director-General in September 2006.

Mr. Buti has been a visiting professor at the Université Libre de Bruxelles, the University of Florence and the European University Institute, and has published extensively on Economic and Monetary Union, macroeconomic policies, welfare state reforms, and European unemployment.

Articles and presentations

• EU-Russia macroeconomic and financial issues dialogue, Brussels, 13 October 2009
• Towards Basel III ? - Regulating the banking sector after the crisis, Brussels, 12 October 2009
• Eurostat conference on national accounts, Brussels, 16 September 2009
• An ocean apart : comparing transatlantic responses ot the financial crisis, Rome, 10-11 September 2009
• EMU in times of economic and financial crisis, 1st Summer School on "EU Institutions and Policies" of the Veneto Region, Brussels, 17 July 2009
  
• The euro: past successes and new challenges in the wake of the crisis, 29 May 2009
  
• How to get the EU out of its worst recession ever?, Centre for European Reforms breakfast seminar Brussels, 13 May 2009
  
• Spendere per risparmiare, Il Sole 24 ORE, 8 April 2009
  
• Five years of an enlarged EU - economic achievements and challenges, Brussels, 19 February 2009
  
• Italy in EMU - the challenges of adjustment and growth, Florence, 16 January 2009