The Swedish Presidency will present its work programme for the first semester of the year, followed by an exchange of views of the Council.
The Swedish Presidency programme
Ministers will exchange views on the economic and financial impact of Russia’s war against Ukraine. Since the beginning of the war, this has been a regular agenda item for Economic and Financial Affairs Council meetings. The Commission will update ministers on the economic and financial situation in Ukraine as well as on the implementation of the EU’s macro-financial assistance to Ukraine.
Council adopts €18 billion assistance to Ukraine (press release, 10 December 2022)
EU response to Russia’s invasion of Ukraine (background information)
The Council will adopt an amending implementing decision as regards the recovery and resilience plan of Luxembourg. The aim is to take into account the updated reduced maximum financial contribution (€ 82.7 million instead of € 93.3 million).
During 2023, it is expected that gradually each of the 27 implementing decisions concerning national recovery and resilience plans will need to be amended at least once, in order to access the new REPowerEU grants, or to request available loans, or to take into account the updated RRF allocation calculated in June 2022.
A recovery plan for Europe (background information)
The Council will approve conclusions on the alert mechanism report 2023 and the annual sustainable growth survey 2023. The Council is also expected to approve the 2023 recommendation on the economic policy of the euro area which will then be submitted to the European Council for endorsement at its meeting in March.
European Semester (background information)
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