EPP ECOFIN Ministerial Meeting

10. October 2025

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EPP Finance Ministers, chaired by Valdis DOMBROVSKIS, Commissioner for Economy and Productivity; Implementation and Simplification, Latvia, and Paschal DONOHOE, President of the Eurogroup and Minister of Finance of Ireland, met this morning in Luxembourg to prepare for today’s Economic and Financial Affairs Council (ECOFIN) agenda. Ministers opened the meeting with a discussion on the digital euro, stressing the importance of building public trust through a transparent and privacy-protective framework. The debate then turned to the structure and rates of excise duty applied to manufactured tobacco and related products, where ministers called for a balanced approach that safeguards public health while preserving the competitiveness of European industries and SMEs. On the Savings and Investment Union, ministers welcomed the Commission’s recommendation on savings and investment accounts, highlighting the need to deepen the Capital Markets Union. Discussions also addressed simplification and better regulation, with participants emphasising the need to improve impact assessments throughout the legislative process to ensure evidence-based and efficient policymaking. The meeting concluded with an exchange on the economic and financial impact of Russia’s ongoing aggression against Ukraine.


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For more information contact:

 

Angelos Athanasopoulos

National and Regional Press Director

+32 471 90 76 35

aa@epp.eu

 

Other latest news:

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EPP Statement on Moldova's Parliamentary Elections
Back to all news