Politics
EU targets large firms to unlock budget deal, Politico reports
ORIGINAL · NewsquawkEU targets large firms to unlock budget deal, Politico reportsRead originalHide original
European Council President Costa proposes a 0.05% levy, rather than a lump sum, on firms with annual turnover above EUR 750mln, according to two EU diplomats briefed on the talks.
StockNow breaking-news AI analysis
A report says Costa proposed a 0.05% levy on firms above the EUR 750 million annual-turnover threshold instead of a lump sum; adoption is not established.
News detail
European Council President Costa proposes a 0.05% levy, rather than a lump sum, on firms with annual turnover above EUR 750mln, according to two EU diplomats briefed on the talks.
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.