The Council of the European Union (Economic and Financial Affairs) will meet on 10 July 2026 in Brussels to debate capital market integration and supervision, adopt recovery and fiscal decisions, and prepare EU positions for the G20 meeting, according to a provisional agenda published on 9 July 2026.
The legislative deliberations, open to the public, include a policy debate on the market integration and supervision package, comprising a Directive, a Regulation, and a Settlement Finality Regulation. This debate aims to advance the Capital Markets Union, which has been a long-standing EU priority to deepen cross-border investment and reduce reliance on bank financing. The Council will also exchange views on the Presidency work programme and the economic and financial impact of Russia's war against Ukraine.
Under non-legislative activities, ministers will discuss the implementation of the Recovery and Resilience Facility (RRF) and adopt Council Implementing Decisions for specific national plans. They are also set to adopt integrated country-specific recommendations under Articles 121 and 148(4) TFEU, as well as a Council Decision and Recommendation under the excessive deficit procedure (Article 126(6-7) TFEU), which could affect member states with high debt levels.
Approval items include conclusions on the 2026 in-depth reviews under the macroeconomic imbalance procedure and EU terms of reference for the G20 Finance Ministers and Central Bank Governors meeting scheduled for 31 August and 1 September 2026. The Council will also exchange views on convergence reports from the European Commission and the European Central Bank, which assess progress toward euro adoption by non-euro area member states.
The President of the European Investment Bank will attend the meeting. The agenda also includes an information point from the Presidency on current financial services legislative proposals and any other business.
The meeting will take place at the Europa building in Brussels, starting at 10:00. The outcomes will shape EU fiscal and financial market policies, impacting member states, financial institutions, and investors.