At the meeting of the Economic and Financial Affairs Council (Ecofin) in Brussels on Friday 14 July, the EU’s finance and economic affairs ministers held an initial exchange of views on the European Commission’s proposal for a new own resources package comprising an initial proposal, dating from December 2021, to generate three new sources of revenue for the EU, as well as a new temporary statistical own resource based on company profits (see EUROPE B13222A14). These resources are...