27.01.2011 - Fostering the European Economy - the role of the European Commission's Directorate-General for Economic and Financial Affairs
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DG ECFIN’s goal is to improve the economic well-being of the citizens of the EU. Its current priority is to ensure that the European economy emerges quickly and strongly from the economic and financial crisis.
The analytical excellence of DG ECFIN has earned worldwide respect and provides sound support for EU policy-making. ECFIN’s staff apply their expertise in supporting EU Member States in times of crisis, ensuring the smooth functioning of Economic and Monetary Union, and preparing the ground for the gradual enlargement of the euro area.
ECFIN’s economic forecasts expertly assess the current and forward-looking trends in the economies of the EU and the wider world.
More than ever, DG ECFIN plays a vital role in identifying economic and financial challenges at an early stage, helping Member States to mitigate risks and promoting stability in the EU economy.
DG ECFIN also closely interacts with the academic community, market analysts and professional economists, not to mention international bodies like the G8, the G20, the IMF and the OECD. It drives forward the economic policy agenda of the EU.
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