11 February 2019

Eurogroup main results

The Eurogroup endorsed the candidacy of Philip Lane for the ECB's executive board. Ministers also held a first exchange of views on the way forward regarding the budgetary instrument for convergence and competitiveness for the euro area.

Post-programme surveillance: Ireland and Portugal 

The European Commission and the ECB informed ministers on the main findings of the 10th post-programme surveillance mission to Ireland carried out between 13-16 November 2018 and on the 9th post-programme surveillance mission to Portugal carried out between 26-30 November 2018.

Post-programme surveillance (PPS) starts automatically after the end of financial assistance programmes and continues until at least 75% of loans received have been repaid. PPS is biannual in terms of reporting and missions. [...]

Election of a new ECB Executive Board member

The Eurogroup discussed the nomination for the upcoming vacancy at the ECB and gave support to the candidacy of Philip Lane, Ireland's Central Bank governor, to succeed Peter Praet, whose term of office expires on 31 May.

Eurogroup gives support to Philip Lane's candidacy, press release

Commission's winter interim forecast

The Eurogroup discussed the economic situation and outlook for the euro area, on the basis of the Commission's winter forecast.

Winter 2018 Interim Economic Forecast

Deepening EMU - way forward on the budgetary instrument for convergence and competitiveness

Following the mandate received by EU leaders at the 14 December Euro Summit, the Eurogroup in inclusive format continued to discuss the deepening of the Economic and Monetary Union.

Ministers held a first exchange of views on the way forward regarding the budgetary instrument for convergence and competitiveness for the euro area and ERM II member states on a voluntary basis. 

Full press release

Remarks by M. Centeno following the Eurogroup meeting of 11 February 2019

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