Finance Minister Mihály Varga said a compromise reached on a package of legislation on VAT in the digital age is one of the "great successes" of Hungary's presidency of the Council of the European Union.
Ahead of an Ecofin meeting in Brussels on Tuesday, Minister Varga said the compromise had been reached after two years of negotiations, adding that ministers were expected to approve the package at the meeting on Tuesday.
The ministers will also discuss data provision and development concerning European statistics as well as parts of the Draghi report, he added.
EU finance ministers will discuss the economic situation with their counterparts from the European Free Trade Association (EFTA) countries ahead of the Ecofin meeting.