The ministers will continue the fiscal policy coordination exercise focusing on the support measures against the energy crisis
At Brussels the finance minister is coming tomorrow Christos Staikourasin order to participate in its meetings Eurogroup and Ecofin.
More specifically, tomorrow Mr. Staikouras will take part in the meeting of the Eurozone Finance Ministers, in which the economic situation and prospects of the Eurozone will be discussed, based on the relevant interim report of the International Monetary Fund in accordance with Article IV of its statute .
Also, the ministers will continue to coordinate fiscal policy focusing on support measures against the energy crisis. In this context, the finance ministers of France and the Netherlands will be invited to present their national experience, so that the challenges in planning and implementing measures aimed at limiting the impact of increased energy costs on households and businesses will then be analyzed. .
Eurogroup members will also exchange views on the aspects of the review of the economic governance framework that concern the euro area, such as draft budgets, macroeconomic stabilization, the post-programme surveillance process and the implementation of the Macroeconomic Imbalances Procedure in member states of the Eurogroup. euro zone.
In addition, the agenda of the meeting includes a discussion on the draft recommendations on the economic policy of the euro area for 2023, with a view to their approval in Ecofinas well as an examination of the progress of the digital euro plan, an update on Croatia’s transition to the euro and the priorities of the new Latvian government, and also on the progress made on the ratification of the European Stability Mechanism treaty ( ESM).
The day after tomorrow, the finance minister will represent Greece at the Ecofin meeting, where the economic and fiscal impact of the war in Ukraine will be discussed.
Furthermore, the Council of Finance Ministers of the European Union will issue an amending executive decision regarding the Recovery and Resilience Plan of Luxembourg, with the aim of taking into account the updated reduced maximum financial contribution (82.7 million euros, instead of 93.3 million euros ), and will adopt conclusions on the 2023 Vigilance Mechanism Report and on the 2023 Sustainable Development Survey.
Finally, the 2023 recommendation regarding the economic policy of the eurozone is expected to be approved. The recommendation will then be submitted to the European Council for approval during its meeting which will take place in March.
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