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Europe Press conference with Olaf Scholz after the virtual ECOFIN meeting

Af­ter the vir­tu­al ECOFIN meet­ing of EU Fi­nance Min­is­ters on 4 Novem­ber 2020, Olaf Scholz gave an overview of the main re­sults in a press con­fer­ence. A big step for­ward was made in the fight against mon­ey laun­der­ing: „The fight against mon­ey laun­der­ing and ter­ror­ism fi­nanc­ing is a pri­or­i­ty of Ger­many’ EU-Pres­i­den­cy. Re­cur­rent leaks on al­leged mon­ey laun­der­ing cas­es, in­clud­ing in the EU, un­der­line the ur­gen­cy to act. We need to strength­en our in­sti­tu­tion­al set-up and le­gal frame­work at the EU lev­el. In the past months, we pre­pared am­bi­tious Coun­cil con­clu­sions to pro­vide our guid­ance to the Com­mis­sion for its ex­pect­ed leg­isla­tive pro­pos­als ear­ly next year. To­day, we reached a po­lit­i­cal agree­ment. That is a big step for­ward - to­wards even tougher an­ti-mon­ey laun­der­ing mea­sures“, said the Ger­man Fi­nance Min­is­ter.

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Europe Doorstep by Olaf Scholz prior to the virtual ECOFIN meeting

ECOFIN min­is­ters hold a vir­tu­al meet­ing on 4 Novem­ber 2020. Agen­da items in­clud­ed Coun­cil con­clu­sions on the pre­ven­tion of mon­ey laun­der­ing and ter­ror­ist fi­nanc­ing, the ac­tion plan to tack­le non-per­form­ing loans in Eu­rope, the Eu­ro­pean Fis­cal Board’s an­nu­al re­port, the Eu­ro­pean Semester and a re­view of the G20 and IMF meet­ings in Oc­to­ber. In a doorstep state­ment Fi­nance Min­is­ter Olaf Scholz gave an overview of the agen­da.

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Europe Doorstep by Olaf Scholz prior to the virtual Eurogroup meeting

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Europe ECOFIN bear of Germany’s EU Council Presidency

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Europe Press conference following the ECOFIN meeting

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Europe Doorstep by Olaf Scholz prior to the ECOFIN meeting

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Financial market policy Olaf Scholz: Sustainable Finance Summit

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Europe Doorstep by Olaf Scholz: Informal ECOFIN in Berlin 11-12 September …

In­for­mal ECOFIN Meet­ing 11/12 Septem­ber, Berlin.

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Climate action Green German Federal Securities

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Europe Statement by Olaf Scholz - Doorstep Ecofin

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Priority Issues Infographics on the Protective Shield

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Ministry Christmas message from Olaf Scholz

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