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Directorate-General for Economic and Financial Affairs (European Commission)

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  • Directorate-General for Economic and Financial Affairs (European Commission)
This article's factual accuracy may be compromised due to out-of-date information. Please help update this article to reflect recent events or newly available information. (September 2012)

The Directorate-General for Economic and Financial Affairs (DG ECFIN) is a Directorate-General of the European Commission, founded in 1958. It is located in Brussels, Belgium. Its main responsibility is to encourage the development of Economic and Monetary Union both inside and outside the European Union, by advancing economic policy coordination, conducting economic surveillance and providing policy assessment and advice.

It is one of the largest Directorate-Generals in the Commission, with a staff of about 2,000 people.

Policy areas

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The European Commission

The Directorate-General's policy areas include:

  • Economic surveillance (euro area and EU)
    • Monitoring of the economy of the euro area and of the EU
    • Key indicators
    • Economic forecasts (spring and autumn)
    • Business and consumer surveys
    • Annual Review on the EU economy
    • Convergence reports
  • Monitoring budgetary policy and public finances
    • Stability and Growth Pact (SGP) and fiscal surveillance
    • Annual « Public Finance Report »
    • Contribution of public finances to economic growth and employment
    • The consequences of ageing
  • Economic policy coordination
    • BEPG (Broad Economic Policy Guidelines, described as the EU's Stability and Growth Pact) (incl. Implementation report)
    • Structural reforms
    • Luxembourg, Cardiff and Cologne processes
    • Assessing the policy-mix in the euro area
  • The euro: legal, practical and institutional aspects
    • Legal and institutional issues of the euro
    • Euro coins
    • Update and maintenance of the Commission's euro web site
  • Financial markets and capital movement
    • Integration of EU financial markets
    • Freedom of capital movements
  • Economic relations with third countries
    • Accession countries: economic aspects of enlargement
    • G7 Countries
    • Russia
    • Western Balkan Countries, Mediterranean Countries, and development issues
    • Macro-financial assistance to third countries
    • Relations with international financial institutions (International Monetary Fund, World Bank, EBRD,...)
  • Financing
    • Investment Financing
    • EIB
    • EIF
    • Funding Programmes for SMEs
    • Funding for Trans-European Networks
    • Euratom loans
    • Opinions and surveys on investments for the European Coal and Steel Community (ECSC)

See also

  • European Commissioner for Economy
  • Economic and Monetary Union of the European Union
  • Economy of the European Union
  • General Agreement on Tariffs and Trade (GATT)
  • United Nations Monetary and Financial Conference (Bretton Woods)

References

  1. "Directorate-General for Economic and Financial Affairs open data in a single API request". API Store. Retrieved 2024-09-09.

External links

  • Homepage of ECFIN
This article incorporates information from [1] on the European Union web site. According to its copyright policy, reproduction is authorised, provided the source is acknowledged.


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This article about the European Union is a stub. You can help Wikipedia by expanding it.

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Publication date: Apr 29, 2025 / 19:00

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This article s factual accuracy may be compromised due to out of date information Please help update this article to reflect recent events or newly available information September 2012 The Directorate General for Economic and Financial Affairs DG ECFIN is a Directorate General of the European Commission founded in 1958 It is located in Brussels Belgium Its main responsibility is to encourage the development of Economic and Monetary Union both inside and outside the European Union by advancing economic policy coordination conducting economic surveillance and providing policy assessment and advice It is one of the largest Directorate Generals in the Commission with a staff of about 2 000 people Policy areasThe European Commission The Directorate General s policy areas include Economic surveillance euro area and EU Monitoring of the economy of the euro area and of the EU Key indicators Economic forecasts spring and autumn Business and consumer surveys Annual Review on the EU economy Convergence reports Monitoring budgetary policy and public finances Stability and Growth Pact SGP and fiscal surveillance Annual Public Finance Report Contribution of public finances to economic growth and employment The consequences of ageing Economic policy coordination BEPG Broad Economic Policy Guidelines described as the EU s Stability and Growth Pact incl Implementation report Structural reforms Luxembourg Cardiff and Cologne processes Assessing the policy mix in the euro area The euro legal practical and institutional aspects Legal and institutional issues of the euro Euro coins Update and maintenance of the Commission s euro web site Financial markets and capital movement Integration of EU financial markets Freedom of capital movements Economic relations with third countries Accession countries economic aspects of enlargement G7 Countries Russia Western Balkan Countries Mediterranean Countries and development issues Macro financial assistance to third countries Relations with international financial institutions International Monetary Fund World Bank EBRD Financing Investment Financing EIB EIF Funding Programmes for SMEs Funding for Trans European Networks Euratom loans Opinions and surveys on investments for the European Coal and Steel Community ECSC See alsoEuropean Commissioner for Economy Economic and Monetary Union of the European Union Economy of the European Union General Agreement on Tariffs and Trade GATT United Nations Monetary and Financial Conference Bretton Woods References Directorate General for Economic and Financial Affairs open data in a single API request API Store Retrieved 2024 09 09 External linksHomepage of ECFIN This article incorporates information from 1 on the European Union web site According to its copyright policy reproduction is authorised provided the source is acknowledged This article about the European Union is a stub You can help Wikipedia by expanding it vte

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