In November 2015, the DG ECFIN flash estimate of the consumer confidence indicator increased markedly in both the EU (by 1.3 points to -4.4) and the euro area (by 1.6 points to -6.0) compared to October.
The European Commission has completed its assessment of the 16 Draft Budgetary Plans (DBPs) for 2016 that euro area Member States submitted by 15 October.
Staff from the European Commission, in liaison with staff from the European Central Bank, visited Ireland to carry out the fourth post-programme surveillance (PPS) mission from 9 to 13 November. This was coordinated with the International Monetary Fund's fourth post-programme monitoring mission. Staff from the European Stability Mechanism also participated in the meetings on aspects related to its Early Warning System.
At the Copenhagen conference in 2009, developed countries committed to jointly mobilise USD 100 billion per year by 2020 from a wide variety of sources to help developing countries cope with the effects of climate change and the transition to a low-carbon development path. Ahead of the international climate change negotiations in Paris later this month, EU finance ministers reported in November a further scaling-up of Europe’s leading contribution to climate finance for developing countries.