Economic and Financial Affairs Council (Ecofin)

The Economic and Financial Affairs Council (Ecofin) is a key decision-making body within the European Union that brings together EU member states' finance ministers. It discusses, coordinates, and adopts policies related to economic governance, financial regulation, taxation, and economic growth across Europe. Ecofin aims to ensure financial stability, foster economic integration, and implement EU financial policies effectively, facilitating collaboration among member countries to address economic challenges and promote sustainable growth within the EU.