On 5 November 2024, the Council of the European Union, focusing on Economic and Financial Affairs, will convene at the Europa building in Brussels. The meeting will adopt a comprehensive agenda tackling both legislative and non-legislative matters critical to the economic framework of the EU. Below are the key points from the provisional agenda:
Key Points:
- VAT in the Digital Age Package:
- Directive on VAT Rules for the Digital Age: The council will discuss the general approach to updating VAT rules to better fit the digital economy.
- Regulation on VAT Administrative Cooperation: A political agreement is expected on the cooperation arrangements necessary for VAT administration in the digital age.
- Economic Recovery in Europe:
- Recovery and Resilience Facility Implementation: The council will review the current state of implementation and discuss Council Implementing Decisions under this facility, aiming to support economic recovery across member states.
- Economic Impact of Russia’s Aggression Against Ukraine:
- Exchange of Views: Members will exchange views on the ongoing economic and financial repercussions of the conflict in Ukraine, assessing the broader impact on the EU’s economic stability.
- Annual Report of the European Fiscal Board:
- Discussion and Conclusions: The council will discuss the annual report, which provides an overview of fiscal policies within the EU, and approve conclusions based on the board’s findings.
- Follow-up to the G20 Finance Ministers and Central Bank Governors Meeting:
- Information and Exchange of Views: The Presidency and the Commission will provide information and lead an exchange of views on the outcomes of the recent G20 meeting, discussing implications for EU financial policies and strategies.
The meeting will also cover additional topics under any other business, ensuring a broad and comprehensive discussion on current economic and financial affairs within the EU.
Source data.consolium.europa.eu
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