The Slovenia Ministry of Finance reported on Minister Klemen Boštjančič’s participation in the European Union’s Economic and Financial Affairs Council in Brussels, where ministers discussed a European Commission proposal to give the European Public Prosecutor’s Office and the European Anti-Fraud Office centralised access to European Union VAT information and considered the European Union’s response to the economic effects of the war in the Middle East. The ministry also outlined Slovenia’s position on the market integration and supervision package, backing deeper integration while calling for thorough impact analysis and safeguards. On the VAT data proposal, member states support the plan in principle as a way to strengthen the fight against cross-border VAT fraud, remove legal ambiguities and improve institutional cooperation, while stressing the need for legal certainty, proportionality and personal data protection. On the market integration and supervision package, presented as part of the savings and investment union, Slovenia supports simplifying cross-border fund distribution, modernising the rules, and harmonising trading and settlement with safeguards for smaller markets. It also supports stronger supervision and a greater role for the European Securities and Markets Authority for cross-border significant entities, alongside balanced governance that involves national authorities. Ministers additionally discussed targeted support for households and businesses facing high energy prices, legislative simplification and cost-benefit assessment of European Union proposals, the implementation of the Recovery and Resilience Facility, and the economic and financial consequences of the war in Ukraine. The ministry also noted that the previous day’s Eurogroup meeting reviewed the broader euro area economic situation, recent international discussions and the state of play on the banking union.

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