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Finance Ministers Discuss Changes to Carbon Border Adjustment Mechanism

  • EU finance ministers meeting in Luxembourg on June 12, with Eurogroup meeting on June 11; Finland is represented by Finance Minister Riikka Purra.
  • The Council will discuss changes to the Carbon Border Adjustment Mechanism (CBAM), including expanding its scope to downstream products and preventing circumvention.
  • Ministers will also discuss the package to advance integration of financial markets and supervision (MISP) and the economic/financial effects of Russia’s war against Ukraine.
  • The Eurogroup will review the euro area’s macroeconomic and fiscal situation and the IMF’s assessment of eurozone policies.
  • Purra will also attend the annual meetings of the ESM Board of Governors and the EIB Board of Governors.

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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