EPP Finance Ministers, chaired by Valdis Dombrovskis, European Commissioner for Economy and Productivity, Implementation and Simplification, and Vincent Van Peteghem, EPP Vice-President and Deputy Prime Minister and Minister of Budget of Belgium, met this morning at EPP Headquarters in Brussels ahead of the Economic and Financial Affairs Council (ECOFIN). Ministers held an exchange on the energy crisis resulting from the blockade of the straight of Ormuz, and adopted an EPP Position paper on Energy Price Interventions. They emphasized the importance of maintaining stable energy markets while supporting the competitiveness of European industry and protecting households from inflationary pressures. The discussion then focused on the Directive and Regulation on further development of Capital market integration. Ministers examined the potential for deeper integration to mobilize investment and underlined the need for a robust framework that supports Europe’s long-term economic resilience and industrial base. Ministers also discussed current financial services legislative proposals and the importance of simplification in the financial services area.
The meeting concluded with an exchange on digital finance. Ministers reiterated the importance of fostering innovation within the digital landscape while maintaining coordinated oversight to ensure the stability of the European financial sector.



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