Vice-President Dombrovskis and Commissioner Moscovici will represent the Commission at today’s Eurogroup meeting.
The Eurogroup will discuss the Commission’s Recommendation on the economic policy of the euro area for 2019, issued in November 2018 in the context of the European Semester. It will discuss the international role of the euro on the basis of the Commission’s Communication from December 2018. The ministers will also launch the process to appoint a new member of the European Central Bank’s Executive Board to replace Peter Praet, whose term ends on 31 May 2019. The Eurogroup will then continue in an inclusive format to followup on the December 2018 Euro Summit and discuss the state of play of the ongoing work on the deepening of the Economic and Monetary Union. Commissioner Moscovici will participate in the press conference following the meeting. At tomorrow’s ECOFIN meeting, Vice-President Dombrovskis and Commissioner Moscovici will represent the Commission. The Council will discuss the InvestEU programme, the Commission’s proposal to boost private and public investment in Europe in the next long-term EU budget, building on the success of the Juncker Plan. Ministers will then exchange views on the review of the European system of financial supervision, focusing in particular on the way forward on the Commission proposals to improve the mandates, governance and funding of the three European supervisory authorities (ESAs) and the proposed additional measures to strengthen supervision in the area of anti-money laundering. A press conference with Vice-President Dombrovskis will follow the meeting.