Main results of the Economic and Financial Affairs Council

EU News 511/2013

COUNCIL OF THE EUROPEAN UNION
17556/13
(OR. en)
PROVISIONAL VERSION
PRESSE 559
PR CO 66
Brussels, 10 December 2013

The Council updated its position on bank recovery and resolution and deposit guarantee schemes in the light of on-going negotiations with the European Parliament.

It adopted a decision deeming action taken by Poland to correct its excessive deficit to be insufficient. It issued a new recommendation, extending the deadline for correction of Poland’s deficit by one year, to 2015.

The Council reviewed excessive deficit procedures for Spain, France, Malta, the Netherlands and Slovenia, adopting opinions on their economic partnership programmes.

Source and additional information:
http://www.consilium.europa.eu/uedocs/cms_Data/docs/pressdata/en/ecofin/140041.pdf

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