CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Luxembourg Prime Minister Says It's Britain's Fault

Luxembourg Prime Minister Says It's Britain's Fault

Tax-news.com

05 December 1999


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'.)

.

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »