Poland's Ministry of Finance reported on discussions at the Sept. 18-19 informal meeting of the Economic and Financial Affairs Council, where Poland supported an EU-level windfall tax on oil companies and set out priorities for banking competitiveness, financial innovation and artificial intelligence. Poland argued that exceptional profits earned during energy crises should help fund measures to reduce energy and fuel costs, particularly for lower-income households and businesses most exposed to price increases. EU ministers discussed deeper banking integration and ways to ensure the financial system supports investment and economic growth while preserving the stability achieved through post-2008 reforms. Talks on technology focused on improving access to finance and efficiency in the real economy, alongside financial stability and consumer protection risks associated with cryptoassets. The banking competitiveness discussion will continue at future council meetings. On AI, Poland called for investment in skills, models and computing infrastructure so that it can develop and use the technology rather than depend solely on solutions created elsewhere. It also supported broader public-sector use of AI to improve access to services and assist officials with routine tasks.
2026-09-21Ministry of Finance (Poland)
Poland's Ministry of Finance backs EU windfall tax and outlines priorities for banking innovation and AI
Poland's Ministry of Finance backed an EU windfall tax on oil companies, with proceeds potentially used to reduce energy and fuel costs for vulnerable households and businesses. At an informal EU finance ministers' meeting, Poland also supported deeper banking integration, safeguards for cryptoasset risks and investment in domestic AI capabilities and public-sector applications.