European Union countries are in discussions about establishing a 'realistic and acceptable' target for revenues from new European taxes. The issue arises in the context of negotiations for financing the next European budget.
The Irish presidency of the EU is leading these talks and argues that member states should set a realistic revenue target for new European taxes. The goal is to find a balance that is acceptable to all member countries.
At this moment, the Irish presidency is preparing a new compromise proposal to resolve the impasse over financing the European Union budget. This proposal aims to unblock negotiations that have been suspended among member states.
The discussions are taking place in a context of difficulties in reaching agreement on how to adequately finance EU priorities, with countries seeking a solution that works for the entire Union.
