On Thursday, April 23, Finance Minister Janis Reirs opened an international seminar (thinktank) on financial regulation and services (Eurofin), presented achievements of the Latvian Presidency in this field, as well as informed about the issues to be discussed at the informal meeting of the Economic and Financial Affairs Council (ECOFIN).
On April 23 – 25, within the framework of the Latvian Presidency a number of high-level meetings will take place in Riga gathering EU Finance Ministers and other high-level experts of the financial sector.
On April 22, within the framework of the Latvian Presidency, a meeting of the Working Party on Financial Services of the European Union (EU) is taking place in Riga. At the meeting, high-level field experts will give an insight about current issues related to financial services.
The Latvian Presidency welcomes the vote of the European Parliament of 20 April 2015 on its negotiating position on the regulation on the EFSI. The vote paves the way for the agreement on the EFSI to be achieved during the Latvian Presidency thus allowing the ample liquidity reserves in the private sector to match the need to finance potential investment projects already this year.
On Thursday, April 16, the European Parliament made a decision about amendments to Regulation 1304/2013 on European Union funds stipulating that a bigger than planned advance payment should be provided for the implementation of projects of the Youth Guarantee Scheme. Thus another important task of the Latvian Presidency of the Council of the European Union has been accomplished.
In Brussels, a decision has been signed on the provision of additional macro-financial assistance to Ukraine. Finance Minister Janis Reirs is satisfied because one of the priorities of the Latvian Presidency of the Council of the European Union (EU) has been achieved.
On Wednesday, April 8, the new Estonian government was approved. The duties of Finance Minister will be performed by Sven Sester, with whom Finance Minister Janis Reirs has had good cooperation for several years.
Riga, 31 March 2015. – On 31 March, an informal meeting of Directors General responsible for Cohesion Policy took place in Riga under the Latvian Presidency. During the meeting experts discussed the most important pre-conditions for achieving the Cohesion Policy goals, in particular, enhanced use of financial instruments and the building of administrative capacity.
Brussels, 31 March 2015. – On Monday, 30 March, in Brussels Latvian Minister for Finance Janis Reirs as a minister of the presiding country represented the Council of the European Union for the first time during the Latvian Presidency leading the political trialogue on the EU budget between the Council of the EU, the European Commission (EC) and the European Parliament (EP).
Riga, 30 March 2015. – On 30-31 March, within the framework of Latvian Presidency, an informal meeting of Directors General responsible for Cohesion Policy will take place in Riga. Participants of the meeting will discuss the use of financial instruments in Cohesion Policy, as well as the building of administrative capacity in the planning, implementation and monitoring of the European Union funds.
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