Notice: Slovakia set to deliver on Investment Plan for Europe at ECOFIN chaired by P. Kažimír
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Before the Council starting at 10.00, ministers will hold a breakfast meeting at 9.00 to discuss the economic situation. The Council will then discuss two elements of the Commission's 'Investment Plan for Europe'. It is expected to agree its stance on the proposed extension of the European fund for strategic investments, and to adopt conclusions on tackling bottlenecks to investment.
In addition, the Council is expected to adopt a directive on access to information on the beneficial ownership of companies. It will be called on to agree on a proposal addressing hybrid mismatches between tax systems, and will take stock of progress on a proposed financial transaction tax.
Ministers will also take stock of work on strengthening the EU's banking union, specifically the proposed European deposit insurance scheme. The Commission will present new proposals on bank capital requirements. Terrorist financing, the 2017 European Semester and the follow-up to the 'five presidents' report' on economic and monetary union are amongst other items on the provisional agenda.
The Eurogroup will hold two meetings on Monday 5 December. The first, starting at 10.30, will be a specific meeting to assess eurozone member states' draft budgetary plans for 2017. At the second, scheduled for 15.00, ministers will discuss the second review of Greece's current economic adjustment programme.
Press conferences:
- after the first and second Eurogroup meeting (Monday lunchtime and Monday evening);
- at the end of the Council (Tuesday +/- 15.30).
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