On Thursday, the European Union's (EU) finance ministers and governors of central banks will meet for two days in Göteborg, Sweden to discuss how EU countries can "restore good order to the public finances when the need for support measures recedes," and how the EU can "create a framework to prevent a similarly widespread crisis from happening again." In particular discussions at the informal meeting will cover:
- Basic principles for the phasing out of the various European stimulus measures to "gain the maximum stabilizing effects from the measures at the same time as minimizing the long-term negative after-effects";
- Development of stabilization arrangements in the EU to prevent, manage and remedy future crises; and
- Measures to reduce the risk of lasting unemployment.