The Financial Counsellors Working Party of the EU Council will meet on 2 July 2026 at 09:30 in the Justus Lipsius Building, Brussels, to review the Irish Presidency's ECOFIN priorities and consider four amending Council Implementing Decisions on national recovery and resilience plans, according to a notice of meeting published on 30 June 2026.
The meeting's first agenda item is a presentation by the Irish Presidency of its programme and priorities in the ECOFIN domain, providing information to delegations. This sets the stage for the Presidency's economic and financial agenda over the coming months.
Agenda items 2 through 5 are dedicated to proposed Council Implementing Decisions amending the original 28 July 2021 decisions on the recovery and resilience plans of Lithuania (ST 10676/26 + ADD 1–2), Cyprus (ST 10854/26 + ADD 1–2), Luxembourg (ST 10852/26 + ADD 1–2), and Finland (ST 10837/26 + ADD 1). For each, the European Commission will present the proposal, followed by an exchange of views among member state representatives. These amendments typically adjust milestones, targets, or loan amounts in response to updated national circumstances or implementation progress.
The meeting concludes with any other business. Delegations are required to register via the delegates portal, and meeting documents are available there or from room attendants.
The four amending decisions, if adopted, would modify the financial allocations or conditions attached to the respective countries' Recovery and Resilience Facility grants and loans. The RRF, the centrepiece of the EU's post-pandemic recovery instrument, disburses funds based on member states meeting agreed reform and investment milestones. Amendments may reflect revised timelines, changed project scopes, or additional financing needs.
For the four member states, the amendments could unlock or adjust funding streams critical for national reform agendas. For the Commission, the proposals test its flexibility in managing the RRF's performance-based model. For other member states, the decisions set precedents for how the Council handles plan revisions. For EU taxpayers, the amendments affect the overall disbursement pace and accountability of the €723.8 billion facility.
After the Financial Counsellors' exchange of views, the proposals will likely proceed to the Permanent Representatives Committee (Coreper) and then to the Council for formal adoption, possibly at a future ECOFIN meeting. The Irish Presidency's ECOFIN priorities will shape the Council's legislative agenda in the second half of 2026.