France is calling for 60 billion euros in new European taxes
The introduction of new European taxes to finance the EU's long-term budget is being resisted by most member states.
France wants new EU taxes to exceed 60 billion euros, according to European diplomats. Paris is a key supporter of the new taxes, which it says will fund EU priorities like defense and competitiveness. An agreement on the EU's next multiannual budget is needed by the end of the year, before elections in several countries, including France, in 2027.
The European Commission had proposed five new taxes that could generate up to 66 billion euros in additional revenue, but this plan has faced resistance from EU member states. Ireland, which is leading discussions on the budget, aims to narrow down the list of proposed taxes at a summit in Brussels on October 15.
Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- France calls for new EU taxes to raise €60B politico.eu
