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EU Finance Ministers Discuss VAT, Defense Industry Strengthening, and Digital Euro Initiatives

  • EU finance ministers discuss VAT and strengthening the defense industry
  • Finnish Finance Minister Riikka Purra represents Finland at the EU Economic and Financial Affairs Council in Brussels on May 13
  • The council addresses legislative proposals on distance sales and import VAT
  • Finland supports the chairman’s compromise proposal
  • Ministers discuss the savings and investment union
  • The European Commission announced a proposal for the European Security Instrument to strengthen the defense industry
  • Finland supports the proposal for a temporary SAFE financial instrument
  • Ministers also discuss the economic and financial impacts of Russia’s war
  • The Eurogroup discusses the digital euro and banking union
  • Ecofin is responsible for EU legislation and economic policy coordination
  • The Eurogroup coordinates economic policy among eurozone countries

Source: vm.fi

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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