The European Central Bank (ECB) also briefed ministers on the monetary policy decisions taken by the ECB Governing Council on 8 September 2022. During the part of the meeting in inclusive format, based on input from the ECB and the Commission, ministers exchanged views regarding progress on the digital euro and work on central bank digital currencies in the non-euro-area Member States. During an informal meeting held on 9-10 September and hosted by the Czech Presidency, economic and financial affairs ministers and central bank governors reviewed challenges posed by the economic consequences of the war in Ukraine and how to handle them. They also discussed sound fiscal policy for the future and ways to ensure long-term fiscal sustainability in the EU amidst the backdrop of long-term structural challenges, the financial crisis, the pandemic and the impact of the Russian aggression against Ukraine. Ministers also examined tax harmonisation and the framework for direct taxation within the EU.