EPP Finance Ministers, chaired by Valdis Dombrovskis, European Commissioner for Economy and Productivity, Implementation and Simplification, and Vincent Van Peteghem, Deputy Prime Minister and Minister of Budget of Belgium, met today in Brussels ahead of the Economic and Financial Affairs Council (ECOFIN).
Ministers held an exchange on the tobacco taxation package, ahead of discussions in the Council on updating the EU framework for tobacco excise duties. Simplification and the economic consequences of EU legislation were also discussed, including the Commission’s reporting on simplification, implementation and enforcement.
Ministers exchanged views on the economic and financial impact of Russia’s war of aggression against Ukraine.
The implementation of the EU’s economic governance framework, including the national escape clause, and progress in implementing the Recovery and Resilience Facility were further topics of discussion.
Finally, ministers held an exchange on the nomination of the next President of the European Central Bank.



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