A meeting of the Economic and Financial Affairs Council (ECOFIN) was held last week, marking the inaugural session under the Czech Presidency of the Council of the EU. The Chair of ECOFIN (and the Czech Minister for Finance), Zbyněk Stanjura noted that the implementation of the Two Pillar Solution was a priority of their presidency and committed to negotiate for a final agreement to implement the EU’s Pillar Two Minimum Tax Directive by October 2022. A recording of his address can be found here.