The Finance Department has the following responsibilities:

European financial policy:

• Joint Economic and monetary policy (e.g. Stability and Growth Pact)
• Economic situation and financial stability of the EU and the euro area
• Horizontal financial issues and financial aspects of the EU's external relations

European tax policy:

• Direct taxation: in particular taxation of savings and company taxation
• Indirect taxes, in particular VAT, excise duty, energy tax
• Cooperation between tax administrations of the Member States

European budgetary policy:

• Annual budgetary procedure
• Financial Regulation
• Multiannual Financial Framework (MFF)

European customs policy:

• EU customs legislation and policy
• Cooperation between customs administrations of the Member States

Relations to non-EU-states:

• EU cooperation with Norway, Iceland and Liechtenstein and Switzerland as part of EFTA or EEA, Andorra, San Marino and Monaco
• Ultra Peripheral Regions
• EU pre-accession and external assistance programs (IPA II, ENI and NIF)

European financial market policy:

• Basic Issues of EU financial integration
• Basic Issues of EU financial stability
• EU financial market harmonization in the banking, insurance and securities and investment nature
• EU legislation on payments
• EU legislation to combat money laundering, terrorist financing and other forms of financial crime

Head of department: Nicole Rosin