Directorate-General Economic and Financial Affairs (ECFIN)

The main task of this Directorate-General is to ensure the functioning of the Economic and Monetary Union (EMU). This can be achieved by monitoring economic development, co-ordinating economic policy, analysing economic policies and providing advice on economic policies.

The DG has the following tasks:

  • distributing guidelines for economic policy
  • assessment of stability and convergence programmes of member states (in which they provide, amongst other data, the development of their national deficits)
  • publishing of other reports, such as reports about public finances in the EMU, the EU Economic Overview and short- and long term economic analyses of the European Commission
  • provide economic analysis and an evaluation of policy areas of the European Union such as the internal market, agriculture and environment.
 

1.

Legislative proposals in negotiation

There are 1061 proposals for legislative or other legal instruments of this Directorate-General in negotiations with the Council and the European Parliament.
Date Title
30.06.2025  Interim Progress Report on the implementation of Council Directive 2024/1265/EU amending Council Directive 2011/85/EU on requirements for budgetary frameworks of the ...
Report com(2025)317
 
30.06.2025  Amendment of Regulation (EC) No 2866/98 as regards the conversion rate to the euro for Bulgaria.
Regulation com(2025)372
 
27.06.2025  Implementation and the results of the Pericles IV programme for the protection of the euro against counterfeiting in 2024.
Report com(2025)337
 
23.06.2025  Implementation of macro-financial assistance to third countries in 2024.
Report com(2025)330
 
23.06.2025  Existence of an excessive deficit in Austria.
Decision com(2025)345
 

2.

Legislation currently being implemented

There are 226 laws or other legal instruments of the Council and the European Parliament, previously proposed by this Directorate-General, which are currently being implemented by the member states.
Date Title
20.09.2024  Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine.
Regulation com(2024)426
 
08.07.2024  Existence of an excessive deficit in France.
Decision com(2024)511
 
08.07.2024  Existence of an excessive deficit in Belgium.
Decision com(2024)518
 
08.07.2024  Existence of an excessive deficit in Poland.
Decision com(2024)515
 
08.07.2024  Existence of an excessive deficit in Italy.
Decision com(2024)513
 

3.

Legislation in force

There are at least 201 laws or other legal instruments in force that have been previously proposed by this Directorate-General.
Date Title
01.04.2022  Conversion of hryvnia banknotes into the currency of host Member States for the benefit of persons fleeing the war in Ukraine.
Recommendation com(2022)163
 
22.11.2017  Abrogation of Decision 2008/713/EC on the existence of an excessive deficit in the United Kingdom.
Recommendation com(2017)801
 
22.11.2017  Economic policy of the euro area.
Recommendation com(2017)770
 
12.07.2017  Abrogation of Decision 2009/415/EC on the existence of an excessive deficit in Greece.
Decision com(2017)380
 
22.05.2017  Recommendation with a view to correcting the significant observed deviation from the adjustment path toward the medium-term budgetary objective in Romania.
Recommendation com(2017)268