Capitals remain divided over the Commission’s proposals for new EU-wide taxes to raise €66 billion annually

EU lawmakers called the document “insufficient” and criticised proposed spending cuts of €32.8 billion. Because the budget requires Parliament’s approval, pressure is mounting to…

Capitals remain divided over the Commission’s proposals for new EU-wide taxes to raise €66 billion annually

EU Council president António Costa has set an end-of-year deadline for the next budget - but negotiators say there is only a "50-50 chance" of success.