Economic and Financial Affairs Council
Justus Lipsius building, Brussels, Belgium
Economy, finance, tax and competition
Council of the EU
The Council will be called on to reach a general approach on a proposed directive establishing a framework for the recovery and resolution of credit institutions and investment firms. The directive is part of a broader plan to establish a banking union.
The Council is expected to adopt conclusions on tax evasion and fraud. It is also expected to adopt a mandate for negotiations of amendments to the savings taxation agreements with third countries (Switzerland, Liechtenstein, Monaco, Andorra, San Marino).
The Council will discuss in-depth reviews published by the Commission of macroeconomic imbalances in 13 member states.
It will hold an exchange of views following the Commission's presentation of two communications on the further development of the EU's economic and monetary union (EMU). The communications concern the introduction of a "convergence and competitiveness instrument" and an ex-ante coordination of national economic policy reforms.
The Council will be informed by the Presidency and the Commission on the follow-up to the G20 finance ministers and governors (18-19 April) and IMF/World Bank (19-21 April) 2013 Spring meetings in Washington.
A Presidency briefing, agenda and background note will be published on the Council website closer to the date of the meeting.