The Minister of Finance Makis Keravnos goes to Brussels on Monday, Might 13, in an effort to take part within the work of the Eurogroup and the Council of Financial and Fiscal Affairs of the EU (ECOFIN).
In response to an announcement by the Ministry of Finance, on Monday the Eurozone Finance Ministers will talk about the macroeconomic developments and prospects of the Eurozone. They’ll then change views on how funding in analysis, innovation and human capital can enhance the competitiveness of the EU financial system.
Subsequently, it’s added, the Finance Ministers of the Eurozone in an expanded composition, with the participation of all 27 EU member states, will proceed the dialogue on the following steps to deepen the Capital Markets Union within the EU.
On Might 14, the Minister of Finance will take part within the work of the ECOFIN Council, whose work will start with an change of views in relation to the financial penalties of the Russian invasion of Ukraine.
Preventing tax fraud, cross-border investments and monetary schooling might be on the agenda
On the identical time, the Ministers of Finance will change views with the purpose of reaching an settlement on the set of proposals of the European Fee on “VAT within the digital age” which goals to struggle tax fraud with the usage of expertise, in addition to to make the VAT system extra environment friendly for companies.
Ministers will even search settlement on a common strategy on the FASTER proposal which supplies for extra environment friendly and safer withholding tax procedures within the EU for buyers, monetary intermediaries and Member States' tax administrations. The purpose, it says, is to struggle tax fraud and help cross-border funding throughout the EU.
The ECOFIN Council will even learn in regards to the progress of the implementation of the Restoration and Resilience Mechanism and might be requested to approve the amended Restoration and Resilience Plans of Italy and Spain, whereas Ministers are anticipated to approve textual content of conclusions in relation to the fiscal penalties of growing old of the inhabitants, but in addition the significance of economic schooling.
Supply: KYPE
KOS/ATHA
