The Minister of Finance Mr. Christos Staikouras will be tomorrow, Monday and the day after tomorrow, Tuesday in Brussels, in order to participate in the meetings of the Eurogroup and Ecofin. On the sidelines of the meetings, he will hold contacts with European officials.
In particular, tomorrow morning Mr. Staikouras will have a private meeting with the European Commissioner for Finance Mr. Paolo Gentiloni and at noon with the President of the Eurogroup Mr. Paschal Donohoe.
Afterwards, the Minister of Finance will participate in the Eurogroup meeting, where the coordination of the fiscal policy of the eurozone for 2023 will be discussed, with the aim of ensuring the economic recovery. At the same time, the Eurogroup will examine the economic situation shaped by Russia’s military offensive against Ukraine and other key macroeconomic developments affecting fiscal planning for next year.
Also, the Eurozone Finance Ministers will discuss the 13th Enhanced Surveillance Report for Greece, which was successfully completed about three weeks ago.
An enlarged meeting of the Eurogroup will follow, at which the next steps will be considered, in order to agree on a work program for all the outstanding elements of the banking union, in view of the Summit of March 24-25 for the euro.
The day after tomorrow, Tuesday, Mr. Staikouras will attend the Ecofin meeting, where, according to the agenda, the European Union Finance Ministers will discuss, during breakfast, the economic and budgetary implications of the sanctions imposed on Russia. after the military offensive against Ukraine.
Ministers will further discuss the carbon-border adjustment mechanism and try to reach a general approach to the proposal.
The agenda of the meeting also includes a discussion of the orientation on the proposal to translate into European Union law the global agreement reached at OECD level, according to which large multinational companies will be subject to a minimum tax rate of 15% worldwide.
At the meeting, the European Commission will present its fiscal guidelines for 2023, which will assist Member States in drawing up their relevant stability and convergence programs to be submitted in April. Following the public consultation and discussions in the relevant committee with the Member States, the European Commission will provide information on the progress of the work on the review of economic governance.
In addition, Ministers will set the Council’s priorities for the European Union’s 2023 budget.
Finally, conclusions on export credits and the implementation of the VAT package for e-commerce are expected to be adopted, with the Presidency informing Ministers of the main results of the informal European Council Summit held last Thursday and Friday in Versailles.
Source: Capital
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