Wed. Jan 22nd, 2025
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Agenda of the EU Economic and Financial Affairs Council, 21 January 2025

21 January

Presidency work programme

The Polish Presidency will present its work programme for the first semester of the year in the field of economic and financial affairs.

 

Competitiveness and regulatory burden

Ministers will have the opportunity to engage in a policy debate on ensuring a globally competitive business environment in Europe through simplification, decluttering and regulatory burden reduction. Ministers will be invited to provide input to the Commission on its planned proposal for an ‘Omnibus Regulation’ that aims at streamlining and reducing regulatory burden on businesses.

 

Russia’s aggression against Ukraine

Ministers will exchange views on the state of play of the economic and financial impact of Russia’s aggression against Ukraine, based on an update by the Commission.

EU solidarity with Ukraine (background information)

EU response to Russia’s invasion of Ukraine (background information)

 

Economic governance framework

The Council is expected to adopt recommendations regarding medium-term fiscal-structural plans in the context of the implementation of the economic governance framework.

The Council is also expected to adopt recommendations for member states that are currently under an excessive deficit procedure to take effective action to correct their deficit within a given time period.

Economic governance framework (background information)

Excessive deficit procedure (background information)

 

European Semester 2025

Taking work forward on the European Semester 2025, the Commission will present the 2025 Alert Mechanism Report and the draft Council recommendation on the economic policy of the euro area. This will be followed by an exchange of views.

The European Semester explained (background information)

 

Recovery and Resilience Facility

Ministers will take stock of the implementation of the Recovery and Resilience Facility (RRF).

The Council is expected to adopt implementing decisions approving modified recovery and resilience plans, submitted by some member states.

A recovery plan for Europe (background information)

 

Financial services

The Presidency will present the state of play of legislative proposals in the field of financial services.

Digital finance (background information)

Capital markets union explained (background information)

 

Practical information
  • Meeting n°4073
  • Location: Brussels

 

Preparatory documents

 

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Details

Date:
21 January
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Venue

EU Council, Brussels
Rue de la Loi/Wetstraat 175
Brussels, B-1048 Belgium
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Phone
+32 22816111
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Organizer

EU Council