Finance Minister Makis Kerynos is travelling to Brussels today, Sunday 12 March 2023, to attend the Eurogroup and Ecofin meetings on 13 and 14 March.
In particular, on Monday, 13 March, the Finance Minister will take part in the Eurozone Finance Ministers' meeting, which will discuss macroeconomic and budgetary developments in the euro area. Ministers will also exchange views on inflation developments and key issues related to global economic policy coordination ahead of upcoming international meetings. In addition, the Eurogroup will examine the revision of the EU's economic governance framework as regards euro area-related aspects, and will exchange views on the strategic policy objectives of a digital euro.
On Tuesday, 14 March, the Minister of Finance will represent Cyprus at the Ecofin Council meeting, where agreement will be sought on conclusions on the economic governance review. In addition, the Council will seek to adopt an executive decision under the Recovery and Resilience Mechanism on Finland's updated National Recovery Plan. Further, ministers will exchange views on the economic and financial implications of Russia's invasion of Ukraine, focusing on energy-related aspects of the financial market. Finally, inter alia, the Council will seek to adopt conclusions on guidelines for the EU budget for 2024, and will provide guidance on preparations for the upcoming meeting of G20 finance ministers and central bank governors, as well as for the spring meetings of the International Monetary Fund.
In the margins of the above meetings, the Finance Minister will hold a series of bilateral meetings with the Commissioner for Health and Food Safety, Stella Kyriakidou, the President of the Eurogroup and the Luxembourg Finance Minister.
(SX)
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