Luxembourg's Prime Minister Jean-Claude Juncker said last week he saw little chance of the EU reaching agreement on tax harmonisation at the upcoming EU summit in Helsinki on 10 December and laid the blame for the current impasse with Britain. Mr Juncker made the statement after his meeting with Finnish premier Paavo Lipponen, who was visiting Luxembourg as part of a pre-summit tour of EU member countries.
Mr Juncker said the majority of the blame for the failure to find a compromise solution on tax harmonisation lay with the British government because it fears the proposed measures will result in job losses and erode the competitiveness of its financial sector.
Although the Helsinki meeting will be the last chance for the tax package under Finland's presidency, Mr Juncker said that negotiations would continue next year under the Portuguese presidency if no compromise can be agreed.
(Once upon a time this used to be called 'hiding behind Mrs Thatcher's skirts'.)
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