Too early for EU tax, says budget commissioner

The EU needs a new system of financing its policies, without exceptions such as the UK rebate from the common budget. But it is not ready to introduce a European tax, argues budget commissioner Dalia Grybauskaite.

In an interview with EUobserver, the Lithuanian commissioner said the EU executive is planning to launch a public debate in mid-2007 on what future EU priorities will be financed from its common coffers which will be summed up in a "highly political" paper by the commission in...