Eurogroup, Brussels - Main contents
| date | January 16, 2023 |
|---|---|
| city | Brussels, Belgium |
| location | Brussels, Belgium  |
| organisation | Eurogroup i, Swedish presidency of the EU i |
Agenda highlights
Euro area enlargement: update on euro cash changeover in Croatia
Infographic - How EU countries join the euro area
The Eurogroup will mark the particular occasion of Croatia’s euro accession. The Croatian Minister, the Commission and the ECB will update Ministers on the state of play on the changeover to the euro.
Digital euro - stocktake on the advancement of the project
The Eurogroup will take stock of the advancement of the digital euro project and discuss the way forward. Ministers are expected to adopt a Eurogroup statement which will summarise the views expressed on the policy topics discussed so far and outline the continuation of the Eurogroup involvement in this project.
Economic situation and IMF Article IV review of euro area policies - interim staff visit
The International Monetary Fund will present the outcome of its interim Article IV staff visit to the euro area. The IMF review is expected to be concluded by mid-2023. Ministers will also hear from the institutions on their assessment of the latest macroeconomic developments and outlook.
The Article IV review of the euro area is a regular exercise in which the IMF reviews economic developments, consults with euro area policy-makers and provides targeted policy advice. The discussions in the Eurogroup are a valuable opportunity to exchange views on current developments and emerging challenges.
Fiscal policy coordination in the euro area - energy support to households and firms - case studies
Ministers will continue their coordination exercise on fiscal policy focusing on the energy support measures, with a presentation of case studies. The French and Dutch Ministers will be invited to present their national experience and provide a basis for the Eurogroup to discuss the challenges faced in designing and implementing measures to alleviate the impact of the surge in the price of energy on households and firms.
Euro area aspects of the economic governance review
Ministers will have an exchange on the euro area aspects of the economic governance review, such as the draft budgetary plans exercise, the euro area fiscal stance and macroeconomic stabilisation, as well as the post-programme surveillance process and the application of the Macroeconomic Imbalances Procedure to euro area Member States.
The euro area recommendations for 2023
Ministers will discuss the draft recommendations on the economic policy of the euro area for 2023, ahead of their approval at the ECOFIN.
Based on Commission proposals, the Council addresses annual recommendations on economic policy to the euro area as a whole within the European Semester. The recommendations are first discussed in the Eurogroup and formally adopted by the Council after endorsement in the March European Council.
Other topics
Stocktake on the ESM treaty ratification
The Eurogroup will take stock on progress made with the ESM treaty ratification.
Policy priorities of the Latvian government
The new Latvian Minister will be invited to present the policy priorities of the new Latvian government. This is standard practice in the Eurogroup when new governments take office.
Contents
The Eurogroup is an informal body where the ministers of the euro area i member states discuss matters relating to their shared responsibilities related to the euro.
Its main task is to ensure close coordination of economic policies among the euro area member states. It also aims to promote conditions for stronger economic growth. The Eurogroup is also responsible for preparing the Euro Summit meetings and for their follow-up.