German finance minister Peer Steinbruck has urged new EU member states to raise their taxes and ensure "fair tax competition" among the 25 members of the bloc.
Tax cuts in many of the new EU member countries have "nothing to do with fair tax competition and place a burden on German jobs", the minister said in an interview with German daily Die Welt.
The problem must be seriously discussed and a solution found, he added. The German minister said the tax cuts in some EU countries we...
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Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.