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Agenda of the EU Economic and Financial Affairs Council, 5 May 2026
Fight against tax fraud
The Council is expected to agree on new rules giving the European public prosecutor’s office (EPPO) and the European anti-fraud office (OLAF) access to EU-level VAT information, thereby strengthening the fight against value added tax fraud in the EU.
Market integration and supervision package
The Council will hold a policy debate on the market integration and supervision package – a key element of the EU’s saving and investment union.
- Savings and investment union (background information)
- Commission launches major package to fully integrate EU financial markets (European Commission, 4 December 2025)
Russia’s aggression against Ukraine
Ministers will exchange views on the state of play of the economic and financial impact of Russia’s aggression against Ukraine. This is a recurring agenda item for the meeting of economic and financial affairs ministers.
- EU solidarity with Ukraine (background information)
- Russia’s war against Ukraine (background information)
Economic consequences of EU legislation
The Council will exchange views on the economic consequences of EU legislation.
Economic recovery in Europe
The Council is expected to adopt an implementing decision approving the modified recovery and resilience plan of Denmark.
Recovery and resilience plans allow member states to benefit from the EU’s recovery and resilience fund, a financial support programme to help repair the economic and social damage caused by the COVID-19 pandemic.
- The recovery and resilience facility (background information)
- A recovery plan for Europe (background information)
G20
The presidency and Commission will debrief the Council on the main outcomes of the G20 finance and central bank governors meeting, which took place on 16 April.
Practical information
- Meeting n° 4170
- Location: Brussels
Live streaming
Preparatory documents
Outcome documents