EU Finance Ministers Meet monthly to discuss the current economic status of the Euro Zone. EU Finance Ministers are made up of representatives from all EU nations. They discuss goals and concerns each country may have regarding trade or political issues. The markets mostly care about the rhetoric the Finance Ministers use to influence the European Central Bank, of which they do not have direct control. Through analyzing the rhetoric usage in their speeches one gets a gauge to how the country, represented by the Finance Minister, would prefer monetary policy to head. The voices of EU Finance Ministers have serious implications to monetary policy since their speeches may influence ECB monetary policy decisions.

Note: ECB tries to make monetary policy decisions that benefit the whole Euro-zone in general. Specific member country's interests' addressed in EU Finance Minister Meeting are considered by the Central Bank, but they are not supposed to be the driving force to monetary policy changes.

Relevance: Tends to move markets on release
Release Schedule: Monthly
Source of Report: European Central Bank
Web Address: N/A
Address of Release: N/A