Main results of the Economic and Financial Affairs Council
EU News 29/2013
22 January 2013
Council of the European Union
PR CO 1
3215th Council meeting
Economic and Financial Affairs
President Mr Michael NOONAN
Minister for Finance of Ireland
The Council adopted a decision authorising 11 member states to proceed with the introduction of a financial transaction tax (FTT) through enhanced cooperation.
The Commission will now make a proposal defining the substance of the enhanced cooperation. Its adoption will require the unanimous agreement of participating member states.
The Council decided to extend for two years an EU training mission in Somalia, aimed at strengthening the Somali armed forces so that they can take over security responsibilities.
ECOFIN Council - Round table. From left to right: Mr Michel BARNIER, Member of the European Commission; Mr Jeroen DIJSSELBLOEM, Dutch Minister for Finance. Photo Credit "The Council of the European Union" URL