European Commission Daily News 4th October

Meetings of the Eurogroup and ministers of economic and financial affairs, October 4-5

Executive Vice President Dombrovskis and Commissioner Gentiloni will represent the European Commission at the Eurogroup meeting taking place today in Luxembourg. The director of the Agency for the Cooperation of Energy Regulators (ACER), Christian Zinglersen, will brief the Eurogroup on recent developments in energy prices. Ministers will continue with a discussion on the macroeconomic situation. Ministers will take stock of the implementation of euro area priorities in recovery and resilience plans on the basis of a Commission presentation. In addition, ministers will identify priority themes for consideration during next year’s Eurogroup discussions on growth and jobs. The Eurogroup will also discuss the 11th report enhanced surveillance for Greece. During the meeting of the Eurogroup in the configuration of the banking union, the president of the supervisory board of the ECB, Andrea Enria, will inform the ministers of the supervisory missions carried out within the framework of the banking supervision of the ECB. To conclude, Elke König, President of the Single Resolution Board (CRU), will brief the Eurogroup on recent CRU activities. Commissioner Gentiloni will represent the Commission at the press conference which will take place after the meeting. Commissioner Gentiloni and Commissioner McGuinness will represent the Commission at the meeting of economy and finance ministers tomorrow in Luxembourg. Ministers will discuss the implementation of the Recovery and Resilience Facility and are expected to adopt a Council Implementing Decision on the Malta Recovery and Resilience Plan. Ministers will also discuss lessons learned from the 2021 European Semester, and a possible way forward. Ministers to discuss progress on SURE, the European Instrument for Temporary Support for Mitigating the Risks of Unemployment in Emergencies, launched as part of the EU response to the pandemic of COVID-19. Ministers will continue to prepare for the meeting of G20 finance ministers and central bank governors, as well as the annual IMF meetings, scheduled for October 12-14, 2021. Ministers are also expected to approve conclusions on funding the action. climate for the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), to be held in Glasgow. Ministers will discuss the review of EU insurance rules (known as ‘Solvency II’) following the climate action for the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), to be held in Glasgow. Ministers will discuss the review of EU insurance rules (known as ‘Solvency II’) following the climate action for the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), to be held in Glasgow. Ministers will discuss the review of EU insurance rules (known as ‘Solvency II’) following the presentation by the Commission last week. The Commission will also provide information on the state of play of the implementation of financial services legislation. Commissioner Gentiloni will represent the Commission at the press conference following the meeting.

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