BRUSSELS, 20 May. (EUROPE PRESS) –
The ministers of Economy and Finance of the euro zone will meet this Monday to discuss the fiscal evolution and the spring package that the Community Executive will present that same day, that is, the specific recommendations by country and guidelines to boost growth and employment while maintaining sound public finances.
In addition, they will analyze the macroeconomic perspectives in the context of Russia’s war in Ukraine and after the presentation of the economic forecasts presented by the European Commission that lower the growth of the eurozone to 2.7% in 2022.
In this meeting, the Ministers of Economy of the Nineteen will receive a presentation by the European Commission with the assessment of the updated budget plans of Germany and Portugal.
In addition, the meeting will address the Banking Union in an attempt to approve the work plan and completion of the project based on the discussions that took place in the Eurogroup in early May.
In this regard, Spain supports the position of the president of the Eurogroup, Paschal Donohoe, to carry out a Banking Union in stages and the intention to agree on the work program before June.
At Tuesday’s meeting, the EU economy and finance ministers will discuss the short- and long-term measures for Ukraine’s restructuring presented this week and will assess recovering the point on the minimum corporate tax of 15% for multinationals from more than 750 million turnover.
In addition, the Twenty-seven are expected to adopt their position on the regulation of the European Long-Term Investment Fund, which establishes the rules on the authorization, investment policies and operating conditions of the alternative investment funds of the EU or the which are marketed as long-term investment funds.
Finally, there will be a review of the situation of the EU recovery fund, a framework in which it should be remembered that Spain has requested the second disbursement of 12,000 million euros, a payment associated with the achievement of milestones such as the reform labor.
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