Ireland's Department of Finance has outlined Tánaiste Simon Harris's agenda for Eurogroup and ECOFIN meetings in Brussels, where EU finance ministers will review the economic impact of the conflict in the Middle East, including energy price effects and national support measures, and continue work on the Savings and Investment Union. Key financial services items include a Eurogroup presentation on the Kukies-Noyer report on financing innovative ventures in Europe, updates on Banking Union and the digital finance workstream, and an ECOFIN policy debate on the Market Integration and Supervision Package. The wider ECOFIN agenda includes discussion of the economic consequences of EU legislation under the simplification agenda, a planned general approach on a regulation giving the European Public Prosecutor's Office and OLAF access to VAT information at EU level, the regular stocktake of the economic and financial impact of Russia's aggression against Ukraine, adoption of Denmark's amended Recovery and Resilience Plan, and a debrief on the G20 Finance Ministers and Central Bank Governors meeting in Washington. In Ireland's role as incoming Council Presidency from July, Harris will also hold bilateral meetings, including with Sweden on Ireland's proposed new Investment Account for 2027, and has indicated that Ireland intends to continue and develop work on tracking the costs of EU regulation during its Presidency.
Department of Finance (Ireland) 2026-05-04
Ireland's Department of Finance outlines EU finance ministers agenda on Middle East economic fallout and Savings and Investment Union
The Department of Finance (Ireland) outlined Tánaiste Simon Harris’s agenda for Eurogroup and ECOFIN meetings in Brussels, where EU finance ministers will review the economic impact of the Middle East conflict, advance the Savings and Investment Union, and debate the Market Integration and Supervision Package. Key items include a Eurogroup presentation on the Kukies-Noyer report on financing innovative ventures, updates on Banking Union and digital finance, and discussion of a regulation granting the European Public Prosecutor’s Office and OLAF access to EU-level VAT information. Harris will also use Ireland’s incoming Council Presidency for bilateral meetings, including on a proposed new Investment Account for 2027, and to continue work on tracking EU regulatory costs.