Finding an agreement on new EU taxes \u2014 so-called own resources \u2014\u00a0is key to facilitating an overall budget deal in December\u00a0before national elections in France, Spain and Italy in 2027 threaten the negotiations.<\/p>\n
Costa is touring the EU\u2019s 27 capitals to sound out their concerns and assess where there is room for compromise. The Portuguese politician plays a key role in the negotiations as he chairs leaders\u2019 meetings and brokers compromises among different camps. \u00a0<\/p>\n
The issue of EU-wide taxes is among the thorniest in the discussions because national capitals are reluctant to hand more taxing powers to the European Commission and agree to new levies that would hit some countries harder than others.<\/p>\n
Last year, the Commission proposed five new levies \u2014\u00a0targeting carbon imports, emissions, non-collected electronic waste, corporate profits and tobacco products \u2014\u00a0worth \u20ac66 billion per year to finance the budget. But most of the ideas have been met with resistance from governments, who must unanimously approve each new levy.<\/p>\n
Tensions were on full display when Luxembourgish Prime Minister Luc Frieden rejected the proposed EU tobacco tax after a meeting with Costa earlier on Wednesday. <\/p>\n
“We won\u2019t accept proposals that impact [Luxembourg] in a disproportionate manner,” he told reporters.<\/p>\n","protected":false},"excerpt":{"rendered":"Finding an agreement on new EU taxes \u2014 so-called own resources \u2014\u00a0is key to facilitating an overall budget…\n","protected":false},"author":2,"featured_media":129020,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[15460,77,52,83,967,819,39,10064,40,90,92,172,11490,15786,239,108,109,1070],"class_list":["post-129019","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-andrej-plenkovic","tag-antonio-costa","tag-budget","tag-competitiveness","tag-croatia","tag-emissions","tag-eu","tag-eu-budget","tag-european-union","tag-france","tag-germany","tag-italy","tag-luxembourg","tag-own-resources","tag-regions-cohesion","tag-spain","tag-tax","tag-waste"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/129019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/comments?post=129019"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/129019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media\/129020"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media?parent=129019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/categories?post=129019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/tags?post=129019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}