• EU readies strong text against US tariffs before G20 meeting

      EU readies strong text against US tariffs before G20 meeting

      Finance ministers of the EU are to agree on Friday a joint position before a meeting with their counterparts at the G20 next week, in which they plan to criticise unilateral US trade measures and back a firm response, Reuters reported. Ministers will also call for more global action on tax transparency and against money laundering, and will push for an international digital tax reform by 2020, according to a draft text.

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    • Council agrees position on 2019 budget

      Council agrees position on 2019 budget

      The EU ambassadors agreed on Wednesday the Council's position on the 2019 EU draft budget in advance of negotiations with the Parliament. In total, the Council foresees €164.1bn in commitments and €148.2bn in payments for next year's budget. Compared to 2018, this is a +2.09% increase in commitments and +2.34% increase in payments.

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