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On 11 July, Ministers for Finance (Eurogroup) met in Brussels to discuss macro-economic developments and policy challenges in the euro area, the euro introduction by Croatia, a digital euro, and the fiscal policy orientations for 2023.
On 12 July, Economic and Financial Affairs Council (ECOFIN) adopted the final three legal acts required for enabling Croatia to join the euro area. It exchanged views on the economic situation in Europe and approved conclusions on the 2022 in-depth reviews under the macroeconomic imbalance procedure.
Press Conference from the Portuguese inance Minister, Fernando Medina, available here: https://newsroom.consilium.europa.eu/events/20220712-economic-and-financial-affairs-council-july-2022/136085-1-national-briefing-portugal-part-1-20220712
Main results from Eurogroup: https://europa.eu/!HcRxm4
Main results from ECOFIN: https://europa.eu/!JJ7qnb
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Environment ministers reached a general approach on proposals that are part of the ‘Fit for 55’ package, relating to ETS, effort sharing between member states, emissions from land use and land-use change, CO2 emission performance standards for cars and vans and the creation of a social climate fund. Ministers also reached a general approach on a proposal to limit the consumption of products contributing to deforestation or forest degradation.
Main Results here: https://europa.eu/!JyTY4x