Poland's Ministry of Finance published a readout of Undersecretary of State Jurand Drop's participation in the 22-23 May informal ECOFIN meeting in Nicosia, where finance ministers discussed how to strengthen the European Union's long-term competitiveness and resilience and how to finance rising investment needs while preserving fiscal stability. The ministry said Poland supports accelerating work on the Savings and Investments Union to improve financing conditions for European companies and widen their access to capital. On competitiveness, ministers highlighted high energy prices, the need to deepen the single market, and further regulatory simplification to reduce burdens on European businesses. In a session with central bank governors, they also examined digital assets, particularly stablecoins, noting their role as a payments alternative but also the risks to financial stability and the need to adapt the EU framework to the fast-changing digital finance environment in a way that protects European financial sovereignty. Discussions on investment financing stressed more efficient spending at both national and EU level and greater mobilisation of private capital given limited public finance capacity. The ministry linked this direction to domestic efforts to improve Polish companies' access to growth capital.
Ministry of Finance (Poland)2026-05-25
Poland's Ministry of Finance backs faster Savings and Investments Union at ECOFIN talks on competitiveness financing and stablecoins
Poland’s Ministry of Finance reported on Undersecretary of State Jurand Drop’s participation in the informal ECOFIN meeting, where ministers discussed strengthening EU competitiveness and resilience and financing higher investment needs while maintaining fiscal stability. Poland supported accelerating work on the Savings and Investments Union to improve financing conditions and capital access for European companies, and linked EU-level efforts on investment financing and private capital mobilisation to domestic measures to expand growth capital for Polish firms.