Today in Brussels, EU finance ministers led by Zbyněk Stanjura discussed the continuation of macro-financial assistance to Ukraine worth EUR 18 billion next year. They also opened a debate on the European Commission’s report on a possible revision of European fiscal rules and adopted a joint declaration calling on the European Parliament to reduce staff spending.

Today, at a meeting of the ECOFIN Council in Brussels chaired by Zbyněk Stanjura, the finance ministers agreed on the need for a rapid continuation of macro-financial assistance to Ukraine in the amount of EUR 18 billion for 2023.

Today in Luxembourg, at a meeting of the ECOFIN Council chaired by President Zbyněk Stanjura, finance ministers reached an agreement on the RePowerEU proposal, including the allocation of EUR 20 billion among EU Member States. The Council agreement will allow the Czech Presidency to commence negotiations with the European Parliament.

On the second day of the informal ECOFIN Council meeting in Prague, EU Finance Ministers discussed the sustainability of public finances in European countries. Further development of the European framework for direct taxation to promote economic growth and remove obstacles to cross-border investment was also discussed.

Minister of Finance Zbyněk Stanjura, Minister of Finance of Czech Republic and Economic and Financial Affairs Council, and Paschal Donohoe, President of the Eurogroup and Minister for Finance of Ireland met in Prague on Monday 18 July. 

The main priorities of the Ministry of Finance during the Czech Presidency will be to continue the debate on the reform of fiscal rules and to promote sound and sustainable public finances.

Deputy Minister of Finance was appointed the government plenipotentiary for the negotiations of the 2023 EU Budget.