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ECOFIN: 27 January 2017

My right honourable friend The Chancellor of the Exchequer (Philip Hammond) has today made the following Written Ministerial Statement.

A meeting of the Economic and Financial Affairs Council (ECOFIN) was held in Brussels on 27 January 2017. EU Finance Ministers discussed the following items:

Early morning session

Ministers were briefed on the outcomes...

Member

Baroness Neville-Rolfe (Conservative)

Department

Treasury

Type

Written statements

Date

3 February 2017

Reference

HLWS460

House

House of Lords

ECOFIN: 27 January 2017

A meeting of the Economic and Financial Affairs Council (ECOFIN) was held in Brussels on 27 January 2017. EU Finance Ministers discussed the following items:

Early morning session

Ministers were briefed on the outcomes of the 26 January meeting of the Eurogroup and the European Commission presented an update on the current...

Member

Lord Hammond of Runnymede (Conservative)

Department

Treasury

Type

Written statements

Date

3 February 2017

Reference

HCWS457

House

House of Commons

ECOFIN: 27 January 2017

My right honourable friend the Chancellor of the Exchequer (Philip Hammond) has today made the following Written Ministerial Statement.

A meeting of The Economic and Financial Affairs Council (ECOFIN) will be held in Brussels on 27 January 2017. EU Finance Ministers are due to discuss the following items:

Early morning session

Ministers will...

Member

Baroness Neville-Rolfe (Conservative)

Department

Treasury

Type

Written statements

Date

24 January 2017

Reference

HLWS436

House

House of Lords

ECOFIN: 27 January 2017

A meeting of The Economic and Financial Affairs Council (ECOFIN) will be held in Brussels on 27 January 2017. EU Finance Ministers are due to discuss the following items:

Early morning session

Ministers will be briefed on the outcomes of the 26 January meeting of the Eurogroup and the European Commission will...

Member

Lord Hammond of Runnymede (Conservative)

Department

Treasury

Type

Written statements

Date

24 January 2017

Reference

HCWS430

House

House of Commons

European Union (Finance) Act 2015

Type

Public acts

Date

21 July 2015

Reference

2015 c. 32; CHAP 32 2015

European Communities (Finance) Bill. (Explanatory Notes Bill 2-EN published).

Member

Lord Darling of Roulanish (Labour)

Department

Treasury

Type

Government bills

Date

7 November 2007

Reference

Bill 2 2007-08

House

House of Commons

European Scrutiny Committee. Thirty-first report, together with minutes of proceedings and memoranda. A Citizen's agenda- delivering results for Europe [9390/2006]; Preliminary draft budget 2007. Recommended for further consideration.

Type

Select Committee reports; House of Commons papers; Parliamentary committees

Committee

European Scrutiny Committee

Date

14 June 2006

Reference

HC 34-xxxi 2005-06

House

House of Commons

European Scrutiny Committee seventh report with minutes of proceedings. Future European Union finances. Recommended for further consideration.

Type

Select Committee reports; House of Commons papers; Parliamentary committees

Committee

European Scrutiny Committee

Notes

DEB;CH 7 MAR 2005; Received 15.02.05

Date

2 February 2005

Reference

HC 38-vii 2004/05

House

House of Commons

Untitled Parliamentary proceeding

Motion to take note of European Union documents No OJC295, Vol 45, European Court of Auditors 2001 annual report, and No 10625/1/02, the Commission's 2001 annual report on protecting the financial interests if the Communiy. Agreed on question.

Type

Parliamentary proceedings

Date

4 March 2003

Reference

400 c787

House

House of Commons

EU documents No OJ C295, Vol 45, European Court of Auditors 2001 Annual Report, and No 10625/1/02, the Commission's 2001 Annual Report on protecting the financial interests of the Communities

EU documents No OJ C295, Vol 45, European Court of Auditors 2001 Annual Report, and No 10625/1/02, the Commission's 2001 Annual Report on protecting the financial interests of the Communities. Considered by Standing Committee.

Department

European Standing Committee B

Type

European Committee proceedings

Date

26 February 2003

Reference

European SCB

House

House of Commons

European Scrutiny Committee thirty-ninth report on sustainable use of pesticides (10665/2002) and sound financial management and fighting fraud (10625/2002/1). With minutes of proceedings.

Type

Select Committee reports; House of Commons papers; Parliamentary committees

Committee

European Scrutiny Committee

Notes

Received 11.11.02

Date

23 October 2002

Reference

HC 152-xxxix 2001/02

House

House of Commons

European Community finances - statement on the 2002 EC budget and measures to counter fraud and financial mismanagement.

Type

Command papers

Notes

Received 22.07.02

Date

22 July 2002

Reference

Cm 5547

House

House of Commons

Treasury

To ask Mr Chancellor of the Exchequer, what the outcome was of the ECOFIN Council held in Brussels on 22nd January; what the Government's position was on each issue discussed, including its voting record; and if he will make a statement.

Asked by

Jim Hood (Labour)

Answering body

Treasury

Type

Written questions

Status

Answered

Tabled on

22 January 2002

For answer on

29 January 2002

Answered on

29 January 2002

Mr. Hood: To ask the Chancellor of the Exchequer what the outcome was of the ECOFIN Council held in Brussels on 22 January; what the Government's position was on each issue discussed, including its voting record; and if he will make a statement. [30373] Mr. Andrew Smith: I attended the ECOFIN on 22 January. The incoming Spanish presidency and the Commission introduced their work programmes. In the ensuing debate, I stressed the need for the EU to pursue vigorous structural reforms in product, labour and capital markets to stimulate growth and create jobs. ECOFIN adopted Opinions on the Stability and Convergence Programmes of Austria, Belgium, Finland, Luxembourg, the Netherlands and Sweden. Ministers endorsed the Economic Policy Committee's report on Research and Development, and agreed that it should be sent to the March European Council in Barcelona. The Government support the report's proposals for boosting innovation in the EU. The European Commission gave an oral update on the transition to euro notes and coins. ECOFIN welcomed the smooth progress achieved so far. Ministers discussed the state of ratification of the Own Resources Decision. This was due to take effect from 1 January 2002, but has still to be ratified by some member states. The UK completed the process of ratification on 4 December 2001. The European Commission gave an oral update on negotiations with third countries regarding the draft directive on the taxation savings. ECOFIN agreed a statement on Argentina, in response to the economic crisis there. No votes were taken at the meeting.

Date

29 January 2002

Reference

30373; 379 c225-6W;379 c224W

House

House of Commons

Treasury

Statement on outcome was of the ECOFIN Council held in Brussels on 4th December; what the Government's stance was on each issue discussed, including its voting record; and if he will make a statement.

Asked by

Jim Hood (Labour)

Answering body

Treasury

Type

Written questions

Status

Answered

Tabled on

5 December 2001

For answer on

11 December 2001

Answered on

11 December 2001

Mr. Hood: To ask the Chancellor of the Exchequer what the outcome was of the ECOFIN Council held in Brussels on 4 December; what the Government's stance was on each issue discussed, including its voting record; and if he will make a statement. [22057] Mr. Gordon Brown: I attended ECOFIN on 4 December. ECOFIN agreed reports to the Laeken European Council on pensions and on structural performance indicators (to measure progress on economic reform). The report on pensions respects the position of the Government and other member states that decisions on pensions are primarily for member states. I reminded ECOFIN colleagues of the importance of economic reform and it was agreed that ECOFIN should closely monitor progress. There was a discussion of the tax package, including the directive on taxation of savings. I made it clear, along with 11 other Finance Ministers, that the substantial content of this directive had been agreed by ECOFIN in November 2000, reflecting the principles agreed at the Feira European Council, and that this should now be reopened. The Commission noted that it would shortly commence formal negotiations with third countries on the adoption of equivalent measures. I reported on the Government's discussions with United Kingdom dependent territories, noting that every jurisdiction recognised and fully supported the need for greater co-operation in the fight against tax abuse and evasion. ECOFIN received a written report from the Code of Conduct working group, which the Paymaster General chairs. There was no discussion of the report. The Commission provided a progress report on its negotiations with the European Parliament on the Lamfalussy procedure to fast-track financial services legislation. During a short discussion of the draft prospectus directive, I emphasised that it must meet its objective of reducing the cost of capital, particularly for small and medium-sized enterprises. The Court of Auditor's annual report was presented to Ministers. The Commission noted that, since not all member states had yet ratified the new Own Resources Decision, the 2002 Community budget would in the meantime need to be based on the old Own Resources Decision. The UK has already ratified this Decision. Along with six other Finance Ministers--a majority of those speaking--I called for further analysis of the Galileo satellite navigation project before additional funds are committed. Most member states could accept a March 2002 cut-off date for ending government guarantees for airline insurance. The Government recently extended their scheme--Troika--until 22 January 2002. In a discussion of the forthcoming UN Financing for Development (FfD) conference, I emphasised that EU aid should be reformed to make it more effective and that untying was an important way to meet aid targets. I also advocated the international development trust fund as a way to lever in more resources to reach the $50 billion target in the Zedillo report. The Commission agreed to examine an Austrian proposal to tackle VAT fraud. It was agreed that concrete proposals would be brought forward on gender mainstreaming the Broad Economic Policy Guidelines. Agreement was not reached on EIB loans to EFTA countries. This will be discussed again on 13 December. ECOFIN was followed by a dialogue with the Finance Ministers of the 13 candidate countries and the European central bank, which focused on the need for structural reforms in the candidate countries and real convergence with the EU. A joint communique was agreed. No votes were taken at the meeting.

Date

11 December 2001

Reference

376 c770-1W; 22057

House

House of Commons

European Communities (Finance) Act 2001

Type

Public acts

Date

4 December 2001

Reference

CHAP 22 2001

European Communities (Finance) Bill 2001/02

European Communities (Finance) Bill. Lords third reading (formal). Debate on motion that bill do now pass. Passed on question.

Lead member

Lord McIntosh of Haringey

Answering member

Lord Cope of Berkeley

Department

Treasury

Type

Debates on bills

Date

13 November 2001

Reference

628 c458-62

House

House of Lords

European Communities (Finance) Bill 2001/02

European Communities (Finance) Bill. Lords second reading debate. Agreed to on question. Committee negatived.

Lead member

Lord McIntosh of Haringey

Answering member

Lord Saatchi

Department

Treasury

Type

Debates on bills

Date

12 November 2001

Reference

628 c413-24

House

House of Lords

Treasury

To ask Mr Chancellor of the Exchequer, with reference to Article 9 of the Council Decision on the system of the European Communities' own resources on 29th September 2000, what his interpretation of the word autonomous is in the phrase new autonomous own resources; and if he will outline the...

Asked by

John Bercow (Conservative)

Answering body

Treasury

Type

Written questions

Status

Answered

Date

30 October 2001

Reference

11204; 373 c638W;373 c639-40W

House

House of Commons

3R:European Communities (Finance) Bill 2001/02

European Communities (Finance) Bill.Third reading debate. Agreed to on question. Passed.

Lead member

Ruth Kelly

Answering member

John Bercow

Department

Treasury

Type

Debates on bills

Date

18 October 2001

Reference

372 c1326-48

House

House of Commons

Programme motion, Com and Rep*:European Communities (Finance) Bill 2001/02

European Communities (Finance) Bill. Debate on programme motion (no 2) on proceedings in committee, report and on third reading. Agreed to on division (286 to 108). Committee stage. Clauses 1 and 2 agreed to. Bill reported without amendment.

Lead member

Ruth Kelly

Answering member

James Clappison

Department

Treasury

Type

Debates on bills; Committee of the Whole House (HC)

Date

19 July 2001

Reference

372 c461-83

House

House of Commons

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