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EU Response to the economic and financial crisis - February 2013

The economic crisis has prompted intense and sustained action by the EU's national governments, the European Central Bank and the Commission. All have been working closely together to support growth and employment, ensure financial stability, and put in place a better governance system for the future.

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Key events

Statement by Vice-President Rehn on the trilogue agreement on the Two Pack

Statement by Vice-President Rehn on the trilogue agreement on the Two Pack

20/02/2013

The adoption of the Two-Pack is the essential foundation for the next steps in that process. The Commission intends to come forward in the coming months with further ambitious proposals to that end, as set out in the Blueprint for a Deep and Genuine EMU adopted last November.

 
Winter forecast 2013 - The EU economy: gradually overcoming headwinds

Winter forecast 2013 - The EU economy: gradually overcoming headwinds

18/02/2013

Olli Rehn, Commission Vice-President for Economic and Monetary Affairs and the Euro said: "The ongoing rebalancing of the European economy is continuing to weigh on growth in the short term. The current situation can be summarised like this: we have disappointing hard data from the end of last year, some more encouraging soft data in the recent past, and growing investor confidence in the future."

 
Statement by EC, ECB and IMF on the ninth review mission to Ireland

Statement by EC, ECB and IMF on the ninth review mission to Ireland

07/02/2013

Ireland’s economic recovery is continuing and is expected to gradually gain momentum, with growth forecast to firm to over 1 percent in 2013 and over 2 percent in 2014.

 

Preparation of Economic and Finance Ministers Council, Brussels, 12 February 2013

07/02/2013

European Commission MEMO Brussels, 7 February 2013 The EU's Council of Economic and Finance Ministers will take place on Tuesday, 12 February at 10.30. The European Commission will be represented by Olli Rehn, Vice President and Commissioner for Economic and Monetary Affairs and the Euro, Algirdas Šemeta, Commissioner for Taxation...

 

Statement by Vice President Rehn following the second review mission of the Spanish financial sector programme

04/02/2013

European Commission MEMO Brussels, 4 February 2013 The successful conclusion of the second review mission to Spain shows that the repair and reform of the Spanish financial sector is proceeding apace. Bank recapitalisation and restructuring is underway, and the asset management company SAREB is up and running.

 

Statement by the EC and the ECB following the conclusion of the second review of the financial assistance programme for Spain

04/02/2013

European Commission MEMO Brussels, 4 February 2013 A delegation from the European Commission, in liaison with the European Central Bank, the European Stability Mechanism and the European Banking Authority, completed the second review of the financial sector assistance programme for Spain from 28 January to 1 February 2013.

 

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