Ministers discussed the current economic situation, financial market developments and preparations for the European Council.
Updated 9 June 2009.
Eurogroup ministers met at 17:00 hrs on Monday 8 June. Joaquín Almunia, Commissioner responsible for Economic and Monetary Affairs attended as did European Central Bank Governor Jean-Claude Trichet.
Ministers discussed common budgetary orientations ahead of the preparation o the national budgets for 2010 (Mid-term Budgetary Review). The discussions takes a particular significance this year in view of the necessity to balance the needs for stabilisation of the economy and sustainability of public finances.
Ministers also had their regular, twice a year exchange of views with the International Monetary Fund on euro-area policies.
The agenda also included a discussion on the impact of structural measures taken within the framework of the European Economic Recovery Plan on the competitiveness positions of the euro area Member States.
The Council of Economics and Finance Ministers will started at 10.30 hrs on 9 June. The ECOFIN meeting was attended by Commissioner Joaquín Almunia, Internal Market and Services Commissioner Charlie McCreevy and Taxation, Customs Union Commissioner Laszlo Kovacs and Competition Commissioner Neelie Kroes.
>> Detailed Eurogroup and ECOFIN agenda
>> Council conclusions