The European Ministers of Economy and Finance were divided on Tuesday 9 July in Brussels on proposals to create new own resources to finance the EU budget after 2020 (see EUROPE B12291A5, B12288A8). At this stage, it has therefore been decided not to include new proposals on this sensitive subject of revenue, in the negotiations on the EU's multiannual financial framework (MFF) for 2021-2027, which requires unanimity in the EU Council.
At the press conference after the Ecofin Council,...