Meeting in Sofia on 27 April, euro area finance ministers discussed current and next steps for Greece, noting that the country’s economic adjustment programme is well on track and due to end in August. For the second consecutive year, Greece delivered a primary surplus over 4% of GDP and a budget surplus. Participants also discussed the possible form that the post-programme framework could take. Ministers were also debriefed by the ECB Banking Supervision Chair and the Chair of the Single Resolution Board regarding their current activities and recent developments, and they discussed anti-money laundering issues and wage dynamics in the Economic and Monetary Union. At the ECOFIN meeting, EU finance ministers discussed completion of the Banking Union, focusing on the backstop for the Single Resolution Fund. They also had a substantial discussion on the Capital Markets Union, starting with the presentation of a paper by the thinktank Bruegel that outlined how Europe would benefit from more integrated capital markets.