Economic and Financial Affairs

Coordinating Europe’s economies

EU finance and economics ministers meet in the ECOFIN Council approximately once a month. The ECOFIN Council discusses such matters as economic policy coordination, economic surveillance and monitoring of Member States’ budgetary policy and public finances. Tax issues, the euro, financial markets, and economic relations with countries outside the EU are also discussed. Every year, the ECOFIN Council prepares and, along with the European Parliament, adopts the budget of the European Union. During the Swedish Presidency, the ECOFIN Council will be chaired by Anders Borg, Minister for Finance.