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Finance commissioner suggests fresh EU tax

EU finance commissioner Joaquin Almunia announced on Tuesday (10 January) that he supports boosting the union's budget from a new EU tax, which would also give greater autonomy and room for manoeuvre to EU institutions.

The commissioner said that such a fiscal instrument, which he preferred to call a "community resource" rather than "community tax", would have to conceal the origin of money collected from individual member states, to avoid the constant fighting over net and gross cash b...

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