[PIO] Participation of the Minister of Finance at the Eurogroup and Ecofin meetings in Luxembourg

Finance Minister Makis Kerynos is travelling to Luxembourg today to participate in the Eurogroup and Ecofin meetings, which will take place on 15-16 June 2023, as well as in the annual meetings of the Boards of Governors of the European Stability Mechanism (ESM) and the European Investment Bank (EIB).

At tomorrow's Eurogroup meeting on Thursday, Eurozone Finance Ministers will discuss, inter alia, the European institutions' 14th post-programme surveillance report on Cyprus. They will also discuss the post-programme surveillance reports for Greece, Portugal, Ireland and Spain. The agenda of the meeting includes an update on the progress of work on the digital euro.

On Friday, the Finance Minister will represent Cyprus at the Ecofin Council meeting, where ministers will discuss, inter alia, the package of legislative proposals "VAT in the digital age" and the proposed reform of the economic governance framework. In the context of the European Semester, the Council will adopt its recommendations on the 2023 National Reform Programmes and give its opinion on the updated Stability or Convergence Programmes.

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