EU Economy & Finance

Good to meet Katherina Reiche, 🇩🇪 Minister of Economy, to discuss economic and energy developments, 🇺🇦 funding and a competitive 🇪🇺 economy. We agree that administrative burden must be reduced if we are serious about achieving our competitiveness goals. The pace must increase, and the effort must be collective.

Vērtīga saruna ar @FinanceLatvia valdi un padomi par birokrātijas mazināšanu Eiropas un nacionālajā līmenī, kā arī par finanšu sektora konkurētspējas veicināšanu. Pārrunājām arī digitālā eiro ieviešanu 2029.gadā. #digitālaiseiro #digitaleuro

Important exchanges at the 24th Recovery and Resilience Dialogue with @EP_Budgets and @EP_Economics. With €451 bn disbursed and nearly 70% of milestones and targets positively assessed, a final effort is now needed to successfully conclude the #RRF. ➡️ My statement ec.europa.eu/commission/pres…

@EU_Commission @ecb #Eurogroup to set up a dialogue with China to discuss macroeconomic policy. We aim to foster mutual understanding, sustainable growth and a vibrant industry while preserving the rules-based international order. We look forward to continuing this work.

🤝This week is all about cooperation and engagement. 🇺🇦 At the Ukraine Financial Coordination Group meeting in Bangkok, I once again stressed the importance of international partners each doing their part when it comes to financing for Ukraine as it continues fighting against Russian aggression.

Pleased to take part in the 16th ministerial meeting of the Coalition of Finance Ministers for Climate Action 🌎 We discussed how to preserve macroeconomic stability and fiscal space while financing resilience and the green transition in the face of higher energy prices. The 🇪🇺 is taking action to accelerate the electrification of the economy and reduce exposure to imported fossil fuels ⚡️

🇺🇦Ukraine needs the means to defend itself – now. ✅Today the @EU_Commission disburses €2.86bn under the defence part of our €90bn Ukraine Support Loan. Drones, radars, ammunition and more: we are providing tangible support to address Ukraine’s most urgent battlefield needs.

Russia’s aggression against Ukraine must come at an ever-higher cost. Today, the EU added nearly 1,600 individuals and entities to our sanctions lists – our largest wave of listings targeting Russia’s war machine since the full-scale invasion. We will keep up the pressure.

Europe continues to face the consequences of an energy shock it did not cause. At today's #Eurogroup meeting, I stressed that any support for households and companies must be well targeted and prudent. It is crucial to safeguard the fiscal credibility we have worked hard to build. My remarks ➡️ link.europa.eu/pyv3Yx

Important exchanges at today's #ECOFIN, including on: 🏦 More integrated capital markets and a more competitive EU banking sector 🇺🇦 Support for Ukraine 🇪🇺 A successful conclusion to the Recovery and Resilience Facility Read my remarks ➡️ link.europa.eu/WDXjnF

The Recovery and Resilience Facility, the centrepiece of #NextGenerationEU, is approaching the finish line. Today, the final #RRF Annual Report sets out the progress made. ✅ With €450 billion already disbursed, the RRF has shown that the EU can deliver transformative change. ➡️ Report: link.europa.eu/YJV8b4