Ecofin Council
E1040905
The Ecofin Council is the configuration of the Council of the European Union in which the economics and finance ministers of EU member states meet to coordinate economic policy, budgetary matters, taxation, and financial regulation.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Ecofin Council canonical | 1 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
European Union institution configuration
ⓘ
configuration of the Council of the European Union ⓘ |
| abbreviationStyle | all caps ⓘ |
| cooperatesWith |
Eurogroup
NERFINISHED
ⓘ
European Central Bank NERFINISHED ⓘ European Commission NERFINISHED ⓘ European Parliament NERFINISHED ⓘ |
| country | European Union ⓘ |
| decisionMakingMode |
qualified majority voting for most issues
ⓘ
unanimity for most tax issues ⓘ |
| hasChair | minister of the member state holding the rotating Presidency of the Council of the European Union ⓘ |
| hasCompetence |
adopting EU legislation in economic and financial fields
ⓘ
coordinating economic policies of EU member states ⓘ deciding on EU tax matters, usually by unanimity ⓘ preparing and adopting the EU annual budget together with the European Parliament ⓘ representing the EU in international financial institutions and fora ⓘ |
| hasDomain |
EU budget
NERFINISHED
ⓘ
budgetary policy ⓘ capital movements ⓘ economic and monetary union ⓘ economic policy ⓘ economic relations with third countries ⓘ financial regulation ⓘ financial services ⓘ fiscal policy coordination ⓘ macroeconomic surveillance ⓘ taxation policy ⓘ |
| hasMember |
European Commission representative
ⓘ
economy minister of each EU member state ⓘ finance minister of each EU member state ⓘ |
| hasOfficialName | Economic and Financial Affairs Council NERFINISHED ⓘ |
| hasSubOrganization | Eurogroup (informal) NERFINISHED ⓘ |
| language | all official languages of the European Union ⓘ |
| legalBasis |
Treaty on European Union
ⓘ
Treaty on the Functioning of the European Union ⓘ |
| locatedIn |
Brussels, Belgium
ⓘ
surface form:
Brussels
Luxembourg City NERFINISHED ⓘ |
| meetsAt |
Europa building
NERFINISHED
ⓘ
Justus Lipsius building NERFINISHED ⓘ |
| meetsFrequency | about once a month ⓘ |
| oversees |
EU budgetary rules
ⓘ
EU financial markets legislation ⓘ EU tax policy coordination ⓘ Stability and Growth Pact implementation ⓘ coordination of structural reforms ⓘ excessive deficit procedures ⓘ multilateral surveillance of economic policies ⓘ |
| partOf | Council of the European Union NERFINISHED ⓘ |
| policyArea | Economic and Financial Affairs NERFINISHED ⓘ |
| shortName | ECOFIN NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.