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Europe Daily Bulletin No. 10964

16 November 2013
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Luxembourg and Austria still vetoing savings directive

Brussels, 15/11/2013 (Agence Europe) - At the Ecofin Council on Friday 15 November, Luxembourg and Austria maintained their opposition to adoption at this stage of the revised EU savings tax directive despite agreement of the other 26 delegations on the draft changes and the fact that the European summit wants the revised directive to be adopted by the end of the year.

As was expected, the finance ministers of the two countries said that the European summit of May 2013 had called for the...

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