Who we are and what we do
The Directorate-General for Economic and Financial Affairs (DG ECFIN) reports to the Commissioner for Economic and Monetary Affairs, Olli Rehn. It strives to improve the economic wellbeing of the citizens of the EU - through policies designed to promote sustainable economic growth, a high level of employment, stable public finances and financial stability.
Our current priority is to ensure the European economy emerges quickly and strongly from the economic and financial crisis.
DG ECFIN has nearly 550 permanent staff, most - around 440 - based in Brussels and the remainder in Luxembourg.
Marco Buti has been Director-General for Economic and Financial Affairs at the European Commission since December 2008, after a 6-month period as acting Director-General.
After studies at the Universities of Florence and Oxford, Mr. Buti joined the European Commission in 1987. He held various posts as an economist in DG ECFIN and the Commissioner's cabinet (private office) before taking up a post as an economic adviser to the Commission President in 2002-03. In 2003 he returned to DG ECFIN as Director for the Directorate for economies of the Member States, and in Septemebr 2006 was appointed Deputy Director-General.
Mr. Buti has been a visiting professor at the Université Libre de Bruxelles, the University of Florence and the European University Institute, and has published extensively on Economic and Monetary Union, macroeconomic policies, welfare state reforms, and European unemployment.