Greece's Ministry of National Economy and Finance announced that Minister of National Economy and Finance Kyriakos Pierrakakis will travel to Brussels to participate in the Eurogroup on 12 November and ECOFIN on 13 November, with talks expected to focus on EU-wide energy taxation changes and proposed customs reforms affecting low-value parcels arriving mainly from Asia. The Eurogroup is set to review the latest macroeconomic and fiscal developments in the euro area, discuss fiscal policy coordination for the next period, and receive updates on Banking Union from the chairs of the Single Supervisory Mechanism (SSM) and the Single Resolution Board (SRB). In an inclusive format with all 27 Member States, ministers will also exchange views on the future of digital finance, including progress on the digital euro and developments in stablecoins. At ECOFIN, discussions are expected to include revision of the Energy Taxation Directive to align fuel taxation with environmental impacts, a push for political agreement to abolish the duty exemption threshold for low-value parcels and introduce a simplified framework aimed at improving transparency and reducing under-invoicing, and implementation of the OECD’s Pillar Two global minimum corporate tax of 15% for multinational enterprises. Additional ECOFIN items include the annual EU–EFTA dialogue with participation from the European Commission, the European Central Bank and the European Investment Bank, presentation of the European Fiscal Board’s annual report by its chair Pieter Hasekamp, consideration of the economic and fiscal implications of Russia’s aggression against Ukraine and EU support measures, a briefing on the outcomes of the G20 meeting of finance ministers and central bank governors in Washington (15–16 October 2025), and approval of Council Conclusions on EU statistics.
Ministry of National Economy and Finance (Greece) 2025-11-12
Greece's Ministry of National Economy and Finance previews Eurogroup and ECOFIN agenda on energy taxation reform, low-value parcel duties and Pillar Two
Greece's Ministry of National Economy and Finance announced Minister Kyriakos Pierrakakis will attend Eurogroup and ECOFIN meetings in Brussels, focusing on EU energy taxation changes and customs reforms. ECOFIN will discuss revising the Energy Taxation Directive, abolishing duty exemptions for low-value parcels, and implementing the OECD's 15% global minimum corporate tax. Additional topics include the EU–EFTA dialogue, the European Fiscal Board's annual report, and the economic implications of Russia's actions in Ukraine.