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Story title ECOFIN Council - November 2013
Story description

The ECOFIN Council takes place on 15 November 2013 in Brussels.

Video title Roundtable
Video description

Extracts from the roundtable during the ECOFIN Council, taking place on 15 November 2013 in Brussels.

Reference 100685 Video infos Mpg4 / PAL - 16:9 Duration 00:04:51 Type Roundtable
Shooting date 15-11-2013 Country Belgium Town Brussels    
Background

The Council discusses, with a view to agreeing on a general approach, the proposal for a regulation establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms, in the framework of a Single Resolution Mechanism and a Single Bank Resolution Fund and amending regulation 1093/2010 (12315/13). The adoption of this regulation is a key step to complete the Banking Union, which will also be discussed by ministers as a separate item.

The Council tries to reach a political agreement on the proposal for a directive on savings taxation, which amends Directive 2003/48/EC in order to reflect changes to savings products and developments in investor behaviour since the directive came into force in 2005. The amendments are aimed at enlarging the directive’s scope to include all types of savings income, and at providing a “look-through” approach for the identification of beneficial owners (i.e. “reasonable steps” shall be taken “to establish their identity”), thus improving the effectiveness of the fight against tax evasion.

The Council takes stock of work in progress on a draft directive on the prevention of money laundering and terrorist financing. The proposed directive, along with a draft regulation on money laundering, is aimed at ensuring consistency between EU rules and the approach followed at international level.

The Commission presents a proposal for a directive introducing a standard VAT return with the aim of reducing burdens on businesses, particularly SMEs (15337/13).

The Council adopts conclusions on the annual statistical package, including a status report on information requirements in the Economic and Monetary Union.
Ministers also hear a presentation of the report from the Special Advisor Philippe Maystadt on the EU’s contribution to international accounting standards.

TC Thumbnail Description
00:00:00

Jan FISCHER, Minister for Finance of the Czech Republic (2 shots)

Keywords : Fischer Duration : 00:00:11

00:00:11

Jeroen DIJSSELBLOEM, Minister of Finance of The Netherlands, Liviu VOINEA, Minister Delegate for Budget of Romania (2 shots)

Keywords : Dijsselbloem | Voinea Duration : 00:00:09

00:00:20

Slavko LINIC, Minister of Finance of Croatia, Liviu VOINEA, Minister Delegate for Budget of Romania (2 shots)

Keywords : Linic Duration : 00:00:09

00:00:29

Jan FISCHER, Minister for Finance of the Czech Republic, Liviu VOINEA, Minister Delegate for Budget of Romania (2 shots)

Duration : 00:00:10

00:00:39

Fabrizio SACCOMANNI, Minister of Economy and Finance of Italy, Jeroen DIJSSELBLOEM, Minister of Finance of The Netherlands

Keywords : Saccomanni Duration : 00:00:06

00:00:45

Cutaway photographer

Duration : 00:00:02

00:00:47

Margrethe VESTAGER, Minister for Economics and the Interior of Denmark

Keywords : Vestager Duration : 00:00:06

00:00:53

Margrethe VESTAGER, Minister for Economics and the Interior of Denmark, Fabrizio SACCOMANNI, Minister of Economy and Finance of Italy

Duration : 00:00:05

00:00:58

Slavko LINIC, Minister of Finance of Croatia, Thomas WIESER, President of the Economic and Financial Committee

Keywords : Wieser Duration : 00:00:05

00:01:03

Jeroen DIJSSELBLOEM, Minister of Finance of The Netherlands, Margrethe VESTAGER, Minister for Economics and the Interior of Denmark, Fabrizio SACCOMANNI, Minister of Economy and Finance of Italy

Duration : 00:00:06

00:01:09

Olli REHN, European Commissioner for Economic and Monetary Affairs, Jörg ASMUSSEN, member of the executive board of the European Central Bank

Keywords : Rehn | Asmussen Duration : 00:00:09

00:01:18

Anders BORG, Minister for Finance of Sweden, Klaus REGLING, Managing Director of the ESM (2 shots)

Keywords : Borg | Regling Duration : 00:00:10

00:01:28

Slavko LINIC, Minister of Finance of Croatia, Thomas WIESER, President of the Economic and Financial Committee, Margrethe VESTAGER, Minister for Economics and the Interior of Denmark

Duration : 00:00:08

00:01:36

Olli REHN, European Commissioner for Economic and Monetary Affairs

Duration : 00:00:03

00:01:39

Harris GEORGIADES, Minister of Finance of Cyprus (3 shots)

Keywords : Georgiades Duration : 00:00:18

00:01:57

Werner HOYER, President of the European Investment Bank, Klaus REGLING, Managing Director of the ESM, Jörg ASMUSSEN, member of the executive board of the European Central Bank

Keywords : Hoyer Duration : 00:00:07

00:02:04

Werner HOYER, President of the European Investment Bank, Klaus REGLING, Managing Director of the ESM

Duration : 00:00:07

00:02:11

Michael NOONAN, Minister for Finance of Ireland

Keywords : Noonan Duration : 00:00:03

00:02:14

Jürgen LIGI, Minister for Finance of Estonia (3 shots)

Keywords : Ligi Duration : 00:00:11

00:02:25

Cutaway photographers

Duration : 00:00:05

00:02:30

Jeroen DIJSSELBLOEM, Minister of Finance of The Netherlands, Slavko LINIC, Minister of Finance of Croatia, Harris GEORGIADES, Minister of Finance of Cyprus

Duration : 00:00:06

00:02:36

Michael NOONAN, Minister for Finance of Ireland

Duration : 00:00:05

00:02:41

Jeroen DIJSSELBLOEM, Minister of Finance of The Netherlands, Hans VIJLBRIEF, President of EPC (Economic Policy Committee)

Keywords : Vijlbrief Duration : 00:00:05

00:02:46

Jeroen DIJSSELBLOEM, Minister of Finance of The Netherlands, Rimantas ŠADŽIUS, Minister of Finance of Lithuania

Keywords : Šadžius Duration : 00:00:07

00:02:53

Petar CHOBANOV, Minister of Finance of Bulgaria

Keywords : Chobanov Duration : 00:00:03

00:02:56

Rimantas ŠADŽIUS, Minister of Finance of Lithuania, Michael NOONAN, Minister for Finance of Ireland

Duration : 00:00:06

00:03:02

Michel BARNIER, European Commissioner for Internal Market and Services

Keywords : Barnier Duration : 00:00:09

00:03:11

Wolfgang SCHÄUBLE, Federal Minister for Finance of Germany, Margrethe VESTAGER, Minister for Economics and the Interior of Denmark, Olli REHN, European Commissioner for Economic and Monetary Affairs, Anders BORG, Minister for Finance of Sweden (2 shots)

Keywords : Schäuble Duration : 00:00:11

00:03:22

Luc FRIEDEN, Minister for Finance of Luxembourg, Klaus REGLING, Managing Director of the ESM (2 shots)

Keywords : Frieden Duration : 00:00:10

00:03:32

Anders BORG, Minister for Finance of Sweden, Pierre MOSCOVICI, Minister of Economy, Finance and Foreign Trade of France

Keywords : Moscovici Duration : 00:00:07

00:03:39

General view of the meeting room

Duration : 00:00:05

00:03:44

Wolfgang SCHÄUBLE, Federal Minister for Finance of Germany

Duration : 00:00:07

00:03:51

Rimantas ŠADŽIUS, Minister of Finance of Lithuania, Luis DE GUINDOS, Minister of Economic Affairs and Competitiveness of Spain (2 shots)

Keywords : De Guindos Duration : 00:00:09

00:04:00

Duration : 00:00:08

00:04:08

Pierre MOSCOVICI, Minister of Economy, Finance and Foreign Trade of France

Duration : 00:00:07

00:04:15

Wolfgang SCHÄUBLE, Federal Minister for Finance of Germany, Anders BORG, Minister for Finance of Sweden

Duration : 00:00:01

00:04:16

Pierre MOSCOVICI, Minister of Economy, Finance and Foreign Trade of France

Duration : 00:00:07

00:04:23

Pierre MOSCOVICI, Minister of Economy, Finance and Foreign Trade of France, Luis DE GUINDOS, Minister of Economic Affairs and Competitiveness of Spain

Duration : 00:00:05

00:04:28

Pierre MOSCOVICI, Minister of Economy, Finance and Foreign Trade of France, Luis DE GUINDOS, Minister of Economic Affairs and Competitiveness of Spain, Anders BORG, Minister for Finance of Sweden

Duration : 00:00:03

00:04:31

Rimantas ŠADŽIUS, Minister of Finance of Lithuania (2 shots)

Keywords : Šadžius Duration : 00:00:10

00:04:41

Michel BARNIER, European Commissioner for Internal Market and Services, Werner HOYER, President of the European Investment Bank

Duration : 00:00:02

00:04:43

General view of the roundtable

Duration : 00:00:07

00:04:50

END

Duration : 00:00:01