Economic and Financial Committee

E313656

The Economic and Financial Committee is an advisory body of the European Union that prepares and coordinates economic and financial policy work for the Council and helps monitor the EU’s economic and financial situation.

All labels observed (3)

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf EU advisory committee
European Union body
advisory body
abbreviation EFC
advises Council of the European Union
Economic and Financial Affairs Council
chair elected from among its members
composition senior officials from finance ministries and central banks
country European Union
field economic policy
financial policy
financial stability
macroeconomic surveillance
hasMember representatives of the European Central Bank
representatives of the European Commission
representatives of the finance ministries of EU member states
representatives of the national central banks of EU member states
jurisdiction European Union
language English
other official languages of the European Union
legalBasis Article 134 of the Treaty on the Functioning of the European Union
Treaty on the Functioning of the European Union
meetingFrequency usually meets once a month
partOf Council of the European Union framework
replaced Committee of Governors of the Central Banks of the Member States of the EEC
surface form: Monetary Committee of the European Community
role assists in the preparation of ECOFIN Council meetings
contributes to multilateral surveillance in the EU
coordinates economic policy work for the Council
coordinates financial policy work for the Council
monitors the EU’s economic situation
monitors the EU’s financial situation
prepares economic policy work for the Council
prepares financial policy work for the Council
provides opinions and reports to the Council and the Commission
scope Member States of the European Union
surface form: European Union member states
sector public sector
task contributes to the functioning of the Stability and Growth Pact
contributes to the preparation of the Broad Economic Policy Guidelines
examines the economic and financial implications of EU policies
reviews the economic and financial situation in the EU and in the euro area
worksWith Economic Policy Committee
Eurogroup
European Central Bank
European Commission

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Eurogroup Working Group worksWith Economic and Financial Committee
President of the Economic and Financial Committee partOf Economic and Financial Committee
this entity surface form: Economic and Financial Committee of the European Union
President of the Economic and Financial Committee appointedBy Economic and Financial Committee
Economic and Financial Affairs Council relatedTo Economic and Financial Committee
Economic and Financial Affairs Council preparesWith Economic and Financial Committee
Council preparatory bodies hasExample Economic and Financial Committee
this entity surface form: Economic and Financial Committee (EFC)
EWG relatedTo Economic and Financial Committee
subject surface form: Eurogroup Working Group