Finance Minister in Brussels tomorrow

The Minister of Finance, Mr. Christos Staikouras, is going to Brussels tomorrow, Monday, in order to participate in the meetings of the Eurogroup and Ecofin.

In particular, tomorrow Mr. Staikouras will take part in the regular meeting of the Eurogroup, which will have as its first topic of discussion the economic adjustment and resilience of the Eurozone, based on its recent performance compared to its international counterparts. Eurozone finance ministers will exchange views on the issue with the chief economist of the Organization for Economic Co-operation and Development (OECD), Ms. Laurence Boone.

The agenda of the meeting also includes a thematic discussion on the solvency of the business sector and possible measures to facilitate the restructuring of companies, in the context of the recovery after the health crisis.

In addition, the draft recommendation on the eurozone economic policy for 2022 will be considered.

Finally, in the context of the Eurogroup’s involvement in the review of economic governance, the Eurozone financial framework and arrangements for financial assistance and post-program supervision will be discussed.

An enlarged Eurogroup meeting will follow, at which the European Union Finance Ministers will review the progress of work on strengthening the banking union and take stock of the ratification of the revised European Stability Mechanism (ESM) Treaty.

The day after tomorrow, Tuesday, Mr. Staikouras will attend the Ecofin meeting, where, as stated on the agenda, the European Union Finance Ministers will hold a “policy debate on the proposed Council Directive on ensuring a global minimum level of taxation”. for multinational groups in the European Union. Ministers will be called upon to provide political guidance on whether the dossier is a priority and on the need to urgently transpose agreed rules on international corporate taxation as soon as possible. The directive will be adopted at a later stage, once the Council’s examination of the proposal has been completed. “