- The abolition of the 150-euro customs exemption for small packages from non-EU countries is being pushed to protect the EU single market and strengthen competitiveness.
- German Finance Minister Lars Klingbeil advocates for ending the exemption by mid-2026 instead of 2028, citing concerns over low-quality imports that do not meet EU standards.
- Other key topics at the ECOFIN meeting included support for Ukraine, agreement on the Digital Euro, and deepening the EU’s savings and investment union.
- Germany and France issued a joint statement on further deepening the savings and investment union.
- Kyriakos Pierrakakis was elected as the new President of the Eurogroup, succeeding Paschal Donohoe.
Source: bundesfinanzministerium.de
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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