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(i) (i) (i)

Council of the EU

Presidency

* Configurations

* General * Foreign * Justice and Home

* Economic

* Euro
Euro

* Legislative procedure * Voting

* Secretariat

* Secretary-General

* Uwe Corsepius

* Directorates-general * COREPER

Judiciary

* Court of Justice

* Members * Rulings

* General Court

Central Bank

* President Draghi

* ESCB * Euro
Euro
* EMU * Eurozone
Eurozone

Court of Auditors

* Budget * OLAF

Other bodies

* Agencies * Investment Bank * CoR * EESC * Ombudsman * National parliaments

Policies and issues

* Foreign relations

* High Representative

* Federica Mogherini

* Ext. Action Service * Foreign Policy * Defence Policy * Customs Union * Enlargement

* Budget

* Four Freedoms

* Economic Area * Area of FSpadding:0"> Elections

* 1979 , 1984 , 1989 1994 , 1999 , 2004 , 2009 * 2014 (last election) * Political parties * Constituencies

* Referendums

Law

* Treaty on European Union
European Union

* Acquis

* Primacy * Subsidiarity
Subsidiarity

* Treaties

* Rome * Single European Act
Single European Act
* Maastricht * Amsterdam * Nice

* Lisbon

* Article 50

* Fundamental Rights * Membership

* Treaties of Accession

* 1972 , 1979 , 1985 , 1994 , 2003 , 2005 , 2011

European Council
European Council

* President Tusk (EPP)

* Parties * List of meetings

* Other countries * Atlas

* v * t * e

The ECONOMIC AND FINANCIAL AFFAIRS COUNCIL (ECOFIN) is one of the oldest configurations of the Council of the European Union
European Union
and is composed of the economics and finance ministers of the 28 European Union member states , as well as Budget Ministers when budgetary issues are discussed.

ECOFIN often works with the European Commissioner
European Commissioner
for Economic and Financial Affairs and the President of the European Central Bank
European Central Bank
.

CONTENTS

* 1 Tasks * 2 Decision making * 3 See also * 4 References * 5 External links

TASKS

The Council covers a number of EU policy areas, such as economic policy coordination, economic surveillance, monitoring of Member States' budgetary policy and public finances, the euro (legal, practical and international aspects), financial markets and capital movements and economic relations with third countries. It also prepares and adopts every year, together with the European Parliament , the budget of the European Union
European Union
which is about €145 bn.

DECISION MAKING

The council meets once a month and decides mainly by qualified majority , in consultation or codecision with the European Parliament , with the exception of fiscal matters which are decided by unanimity. When the Ecofin Council examines dossiers related to the euro and EMU, the representatives of the Member States whose currency is not the euro do not take part in the vote of the Council.

ECOFIN delegates some of its tasks to the Code of Conduct Group . For example, that Group has resolved issues of tax policy on Jersey
Jersey
, Gibraltar
Gibraltar
and other "dependent or associated territories", and investigated the UK Patent Box tax treatment.

SEE ALSO

* Code of Conduct Group * Eurogroup (finance ministers only of the eurozone states) * List of acronyms: European sovereign-debt crisis

REFERENCES

* ^ A B C Economic and Financial Affairs * ^ http://europa.eu/pol/financ/index_en.htm * ^ A B ec.europa.eu: Taxation and Customs Union - Harmful tax competition - Code of Conduct * ^ TMF Group: "EU’s Code of Conduct Group finds UK’s Patent Box harmful" 25 Oct 2013 * ^ DLA Piper: "EC CHALLENGES THE UK PATENT BOX" Oct 2013 * ^ Reddie ;background:none transparent;border:none;-moz-box-shadow:none;-webkit-box-shadow:none;box-shadow:none;">v

* t * e

Euro
Euro
topics

GENERAL

* Economic and Monetary Union of the European Union
European Union
* Euro
Euro
sign * Eurozone
Eurozone
* Linguistic issues

ADMINISTRATION

* European Central Bank
European Central Bank
* ECB President * European System of Central Banks
European System of Central Banks
* Eurosystem
Eurosystem
* Ecofin * Eurogroup * Euro
Euro
summit

FISCAL PROVISIONS

* Stability and Growth Pact
Stability and Growth Pact
* European Financial Stability Facility
European Financial Stability Facility
* European Financial Stabilisation Mechanism
European Financial Stabilisation Mechanism
* European Stability Mechanism * Euro
Euro
Plus Pact * Six pack * European Fiscal Compact
European Fiscal Compact

HISTORY

* " Snake in the tunnel "

* European Monetary System

* I ECU * II ERM * III EMU

* European Monetary Cooperation Fund * European Monetary Institute * Enlargement * Black Wednesday
Black Wednesday

ECONOMY

* Economy of Europe
Economy of Europe
* Economy of the European Union
European Union
* Eonia
Eonia
* Euro
Euro
calculator * Euro
Euro
Interbank Offered Rate (Euribor) * Single Euro
Euro
Payments Area (SEPA)

INTERNATIONAL STATUS

* Proposed eurobonds * Reserve currency
Reserve currency
* Petroeuro * World currency

DENOMINATIONS

COINS

* 1c * 2c * 5c * 10c * 20c * 50c * €1 * €2 * €2 commemorative coins * Other commemorative coins * Identifying marks * Starter kits * Europa coin programme * Euro
Euro
mint

BANKNOTES

* €5 * €10 * €20 * €50 * €100 * €200 * €500

COINS BY ISSUING COUNTRY

EU

* Austria
Austria
* Belgium * Cyprus * Estonia * Finland * France * Germany * Greece * Ireland * Italy * Latvia * Lithuania * Luxembourg * Malta * Netherlands * Portugal * Slovakia * Slovenia * Spain

NON-EU

* Andorra * Monaco * San Marino * Vatican

Potential adoption by other countries

EU

* Bulgaria
Bulgaria
* Croatia * Czech Republic * Denmark * Hungary * Poland * Romania
Romania
* Sweden * United Kingdom

NON-EU

* Kosovo * Montenegro

CURRENCIES YIELDED

* European Currency Unit
European Currency Unit
* Austrian schilling
Austrian schilling
* Belgian franc
Belgian franc
* Cypriot pound
Cypriot pound
* Dutch guilder
Dutch guilder
* Estonian kroon
Estonian kroon
* Finnish markka
Finnish markka
* French franc
French franc
* German mark * Greek drachma
Greek drachma
* Irish pound
Irish pound
* Italian lira
Italian lira
* Latvian lats
Latvian lats
* Lithuanian litas
Lithuanian litas
* Luxembourgish franc
Luxembourgish franc
* Maltese lira
Maltese lira
* Monégasque franc
Monégasque franc
* Portuguese escudo
Portuguese escudo
* Sammarinese lira * Slovak koruna
Slovak koruna
* Slovenian tolar * Spanish peseta
Spanish peseta
* Vatican lira

Currencies remaining

ERM II

* Danish krone
Danish krone

OTHER (EU)

* British pound sterling (incl. Gibraltar
Gibraltar
pound ) * Bulgarian lev
Bulgarian lev
* Croatian kuna
Croatian kuna
* Czech koruna
Czech koruna
* Hungarian forint
Hungarian forint
* Polish złoty
Polish złoty
* Romanian leu
Romanian leu
* Swedish krona
Swedish krona

* EUROPEAN UNION PORTAL * NUMISMATICS PORTAL

* v * t * e

Council of the European Union
European Union

OPERATION

* Presidency (current trio: BULGARIA * Austria
Austria
* Romania
Romania
) * Voting

CONFIGURATIONS

* Agriculture and Fisheries Council
Agriculture and Fisheries Council
* Economic and Financial Affairs Council
Economic and Financial Affairs Council
( Eurogroup ) * Education, Youth, Culture and Sport Council * Employment, Social Policy, Health and Consumer Affairs Council * Environment Council * Competitiveness Council * Foreign Affairs Council
Foreign Affairs Council
* General Affairs Council
General Affairs Council
* Justice and Home Affairs Council
Justice and Home Affairs Council
* Transport, Telecommunications and Energy Council

ADMINISTRATION

* General Secretariat * Secretary-General * COREPER * SCA * Directorates-general

BUILDINGS

* Justus Lipsius * Lex * Europa

European Unio

.