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Europe Daily Bulletin No. 8105

5 December 2001
GENERAL NEWS / (eu) eu/ecofin council
Luxembourg and Austria still block adoption of agreement on savings taxation

Brussels, 04/12/2001 (Agence Europe) - The Ecofin Council did not manage to reach a political agreement on the savings taxation directive, during its meeting of 4 December in Brussels. Luxembourg and Austria are still sticking to their positions regarding the beginning and the end of their derogations. Belgium, whose positions were initially in line with those of Austria and Luxembourg, seems, on the other hand, to be ready to accept a certain amount of flexibility. Council President,...

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