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Euronews
Euronews
Luca Bertuzzi

Brussels goes back to the drawing board on Europe-wide taxes

European Council President António Costa is scrambling to find new EU-wide taxes to fund the bloc's next long-term budget after last week's inconclusive summit left leaders deadlocked over how much they are willing to pay.

With national governments reluctant to increase their contributions, Costa is exploring ways to raise money directly for Brussels, from taxes on large companies and digital services to levies on tobacco, carbon emissions and online gambling.

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