Ecofin to discuss Pillar 2 Directive

The ECOFIN Council is scheduled to vote on the directive on the implementation of Pillar 2 at tomorrow’s meeting (Thursday 17 June).

Further to the publication of the draft Directive (See MIT News 22 December 2021) a compromise text was released for discussion at the Ecofin Meeting of the 15th March 2022 (See MIT News 21 March 2022). However at the meeting of 5 April 2022 Poland used its veto right to block the approval of the Directive (see MIT News 11 April 2022).

The draft Directive requires unanimous approval of the Member States.