Background briefing ecofin, Brussels - Main contents
date | July 7, 2011 16:00 |
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city | Brussels, Belgium |
address | Wetstraat 175 [map] |
location | Justus Lipsius building i |
room | Presse |
organisation | Economic and Financial Affairs Council (ECOFIN) i |
The Council configuration on Economic and Financial Affairs (ECOFIN) is composed of the Ministers (or State Secretaries) of Economic Affairs of the Member States of the EU. Member states that have the euro as their currency form a sub-group known as the Eurogroup.
In the Council of the European Union, the ministers from the EU Member States take a joint decision on the policy to be implemented within the EU. The Council is supported by the Committee of Permanent Representatives, which prepares decisions and guards the implementation and adherence of the decisions monitored by the Council.