At the Eurogroup and Ecofin meetings in Brussels, Chr. Staikouras

At the Eurogroup and Ecofin meetings in Brussels, Chr. Staikouras

The Minister of Finance Mr. Christos Staikouras is going to Brussels tomorrow, Monday, in order to participate in the Eurogroup and Ecofin meetings.

In particular, tomorrow Mr. Staikouras will take part in the meeting of the Eurozone Finance Ministers, in which macroeconomic developments and policy changes in the Eurozone will be discussed within the existing international framework and the conclusions of the International Monetary Fund’s report on the Eurozone will be presented. , based on Article IV of the Fund’s statutes.

The Eurogroup will also discuss the budgetary situation of the euro area as a whole and fiscal policy directions for 2023.

The agenda of the meeting also includes a discussion on the possible effects of the digital euro on the financial system and the use of cash, as well as a discussion, in the context of Croatia’s accession to the eurozone, on the European Commission’s proposal for a Council Regulation regarding the exchange rate.

Immediately after the Eurogroup meeting, the Finance Minister will join the Governing Council of the European Stability Mechanism (ESM), which will continue the process of appointing the new Executive Director of the ESM.

Before the Eurogroup meeting, Mr. Staikouras will meet with his Dutch counterpart, Ms. Sigrid Kaag.

The day after tomorrow, Tuesday, the Finance Minister will participate in the Ecofin meeting, which will discuss the adoption of the euro by Croatia, the progress of work on the implementation of the Recovery and Resilience Mechanism and the economic and fiscal impact of the war in Ukraine.

In addition, the Czech Presidency will present its priorities in the area of ​​economic and fiscal matters and its work program for the period July-December 2022, while conclusions on the 2022 in-depth reviews are expected to be adopted in the framework of the macroeconomic imbalances process on which provides for the European Semester.

Source: Capital