First EU-Wide Taxes on Tobacco to Pay for Covid Debt

Die Presse

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The EU is again thinking about new taxes, rather than creating a biotope that favours business growth.

kreiszeitung.de

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The EU plans new charges for companies and wants more revenues from waste, customs duties and tobacco – criticism from Germany is foreseeable.

Bild

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Already one day before the official presentation of the plans on the future financing of the EU bureaucracy, the emotions are boiling.

n-tv.de

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Agriculture, structural support, upgrading: money is scarce in Brussels. For a new budget proposal, the EU Commission wants to raise money from new sources - and German companies should also contribute their share.

Kronen Zeitung

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The Union urgently needs more funds for the next few years and is looking for new sources of revenue. In addition to an extra tax for high-turnover companies, tobacco and nicotine products are expected to be more flushed into the EU budget in the future. However, the Commission's plan is likely to come up against opposition from the countries. On Wednesday, the EU is presenting its plans for the multiannual financial framework. Initial details a…