On Friday and Saturday, informal meetings of the finance ministers of the euro area (Eurogroup) and the European Union (Ecofen) under the Portuguese presidency of the European Union will be held in the presence of the central bank governors.
At the Central Cultural de Belam in Lisbon, the logistics center of the Portuguese presidency of the Council of the European Union, European Economic Commissioner Valdes Dombrovsky will take over as Vice Commissioner for Economic Stability, Paulo Gentiloni. Christine Lagarde, President of the European Commission and Chief Economist of the Organization for Economic Co-operation and Development (OECD), Lawrence Boone or ECB President.
According to sources close to the finance ministry, work will begin tomorrow, with a formal meeting of the finance ministers’ eurogroup scheduled for 9 a.m., attended by the president of the European Union. Stability mechanism (MEE), close wrestling.
The meeting will be followed by a press conference between Eurogroup President, Irish Minister Pascal Donohue, Portuguese State and Finance Minister Joao Liao.
After lunch, the program interacts with a “family photo” and an informal joint meeting with Ecofin in the presence of the governors of the various central banks of the European Union, which include two roundtables on the agenda.
The first will face the combined impact of monetary and monetary policy, led by Vitor Constancio, former vice president of the European Central Bank, and the second is the Italian economist preparing for a virtuous circle between the economic and non-economic sectors presented. Lucrezia Richlin of London Business School.
At the end of the day, at 6 pm, Joao Liao will make a statement to the media, followed by a regular formal dinner in the presence of ministers and governors of Lisbon, Belam district, in the former Picadero Rial. .
Two more panels dedicated to the “green” recovery of the economy and environmental taxes are scheduled for Saturday, which will be inaugurated by European Commissioner Polo Gentiloni from 9 to 10:30 p.m. Recovery, from 11, was presented by the Director Think Center Bruegel, Gundram Wolf.
At the end of the work there will be a new meeting with the press, which will be attended by Joao Liao and Paulo Gentiloni, as well as ECB Vice President Luis de Guindo.
The presence of finance ministers and governors of the respective central banks from countries such as Spain (Maria Jesus Monteiro), France (Bruno Le Meyer), Germany (Olaf Schulz) or Italy (Daniel Franco) was confirmed at the time. Some officials from the 27 member states of the European Union are participating in the event via video conference.
This is the first time that Eurogroup and Ecofin meetings have been held in person since the Portuguese presidency of the Council of the European Union began in January.
All participants in the event will be required to undergo a negative PCR test for the Kovid-19 virus, which is performed within 72 hours of entering the Centrocultural de Belam.
Portugal will hold the presidency of the Council of the European Union in the first half of this year.