Agenda Economic and Financial Affairs Council – May 13, 2025
- VAT Rules for Imported Goods: The Council is set to reach a general approach on a draft directive aimed at enhancing VAT collection on imported goods by making suppliers liable for import VAT. This is expected to incentivize the use of the VAT Import One-Stop-Shop (IOSS) for compliance.
- Security Action for Europe (SAFE): A policy debate will be held regarding the SAFE instrument, proposed by the Commission to bolster member states’ defense procurement expenditures, highlighting ongoing discussions on common defense strategies.
- Economic Impact of Russia’s Aggression Against Ukraine: Ministers will discuss the economic and financial repercussions of Russia’s actions in Ukraine, alongside updates on the Recovery and Resilience Facility, which supports EU member states in recovering from the impacts of the COVID-19 pandemic.
Source Consilium.europa.eu
