13.05.2013

Minister of Finance Kalin Hristov will take part in the ECOFIN meeting to be held in Brussels on 14 May.

The EU Finance Ministers will discuss the Proposal for a Directive of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms, and the extension of the scope of the Savings Directive.

They will also discuss issues related to closer coordination within the Economic and Monetary Union, as well as the results of the in-depth reviews of the macroeconomic imbalances procedure.

The Ministers of Finance will take part in the Annual Meeting of the European Investment Bank (EIB) Board of Governors before the ECOFIN meeting. The agenda of the meeting includes discussions on the implementation of the Bank\'s priorities and the increase of its capital, approval of the EIB Board of Directors with term of office 2013 - 2018, presentation of the audit report of the Bank and its financial statement for 2012.