Min­is­ter Sci­cluna meets with coun­ter­parts ahead of Mal­tese Pres­i­dency of the EU

Malta Independent - - NEWS -

Min­is­ter for Fi­nance, Ed­ward Sci­cluna, held a series of bi­lat­eral meet­ings with the Ital­ian Min­is­ter of Fi­nance Pier Carlo Padoan, the Ir­ish Min­is­ter for Fi­nance Michael Noo­nan, Nor­way’s Min­is­ter of Fi­nance Siv Jensen, as well as with Klaus-Heiner Lehne, Pres­i­dent of the Euro­pean Court of Au­di­tors, on the mar­gins of the ECOFIN Coun­cil and EURO group meet­ing.

These meet­ings were held in Brus­sels on Mon­day and yes­ter­day.

Dur­ing these meet­ings, Min­is­ter Sci­cluna pre­sented Malta’s pri­or­i­ties for its Pres­i­dency of the Coun­cil of the Euro­pean Union in 2017, which will fo­cus on iden­ti­fy­ing mea­sures and ini­tia­tives to boost in­vest­ment across Europe, with a par­tic­u­lar fo­cus on Mediter­ranean coun­tries.

The is­sue of Brexit fea­tured in all bi­lat­eral dis­cus­sions, with min­is­ters shar­ing the view that the Brexit vote has cre­ated eco­nomic un­cer­tainty across the EU, par­tic­u­larly in fi­nan­cial mar­kets.

While ac­knowl­edg­ing these eco­nomic chal­lenges, Min­is­ter Sci­cluna said that Malta will act in a fair man­ner, both dur­ing the Mal­tese Pres­i­dency of the Coun­cil of the Euro­pean Union, as well as dur­ing the whole Brexit process.

The ECOFIN Coun­cil agenda in­cluded dis­cus­sions on new Com­mis­sion pro­pos­als on cor­po­rate tax­a­tion, adop­tion of the rules on ac­cess to ben­e­fi­cial own­er­ship in­for­ma­tion, con­clu­sions on the screen­ing cri­te­ria for es­tab­lish­ing a list of non-co­op­er­a­tive ju­ris­dic­tions, and other items.

Min­is­ter Sci­cluna was ac­com­pa­nied by Am­bas­sador Mar­lene Bon­nici, Per­ma­nent Rep­re­sen­ta­tive of Malta to the EU, and the Per­ma­nent Sec­re­tary for Fi­nance Al­fred Camil­leri.

Photo: MFIN

(From left to right) Min­is­ter of Fi­nance Ed­ward Sci­cluna, Min­is­ter of Fi­nance of Greece Eu­clid Tsakalo­tos, Min­is­ter of Fi­nance of the Nether­lands Jeroen Di­js­sel­bloem and Min­is­ter of Fi­nance of Lux­em­bourg Pierre Gramegna

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