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Deputy Prime Minister and Finance Minister Ludmila Petkova to Attend ECOFIN Council Meeting in Brussels

  • Deputy Prime Minister and Minister of Finance Lyudmila Petkova will participate in the regular meeting of the Council of the European Union on Economic and Financial Affairs (ECOFIN) on May 14 and 15 in Brussels
  • The meeting is expected to reach a political agreement on the directive for faster and more secure release of withheld tax at source (FASTER) and the “VAT in the digital era” package
  • Ministers will discuss the implementation of the Recovery and Resilience Mechanism and are expected to approve changes to the recovery and resilience plans of Spain and Italy
  • The agenda includes a discussion on the economic and financial consequences of Russia’s aggression against Ukraine
  • Participants are expected to adopt conclusions on the challenges to fiscal sustainability arising from population aging and financial literacy.

Source: minfin.bg

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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