In May the Economic Sentiment Indicator (ESI) increased in both the euro area (by 0.7 points to 104.7) and the EU (by 0.5 points to 105.7).
In its 16th edition, the Brussels Economic Forum will focus on the EMU, structural reforms, economic adjustment programmes, and the Investment Plan.
This year, we will be honoured with ECB President Mario Draghi's opening Annual Tommaso Padoa-Schioppa Lecture.
A full staff-level agreement was reached between Greece and the European institutions. The Eurogroup welcomed the adoption by the Greek parliament of most of the agreed prior actions for the first review. Following the full implementation of all prior actions and subject to the completion of national procedures, the ESM governing bodies are expected to endorse the supplemental Memorandum of Understanding and approve the disbursement of the second tranche of the ESM programme.
Commissioner Moscovici's opening remarks at the Eurogroup press conference
The Directive on the protection of the euro and other currencies through criminal law measures introduces tougher sanctions for criminals and improved tools for cross-border investigation. These EU rules must be implemented and applied by all Member States as of today.
In May 2016, the DG ECFIN flash estimate of the consumer confidence indicator increased markedly in both the EU (by 1.1 points to -5.7) and the euro area (by 2.3 points to -7.0) compared to April.