11/07/2017 (Agence Europe) – At the meeting of the 'Economic and Financial Affairs Council held in Brussels on Tuesday 11 July, the European ministers for the economy and finance renewed their commitment to implement, by 2019, the actions proposed in the European Commission's revised action plan on the Capital Markets Union (CMU). As announced by EUROPE, although the Council in its conclusions welcomes the revised action plan, it nonetheless highlights the need to step up efforts to complete the CMU (see EUROPE 11825). Completing the CMU is one of the priorities of the new Estonian Presidency of the Council and is vital “for reinforcing the financial sector, ensuring growth, jobs and investment”, the Estonian finance minister, Toomas Tõniste, told a press conference following the meeting. (MF)