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France to Keep Pushing for EU Minimum Tax Despite Opposition

June 17, 2022, 12:35 PM

France will continue to push for agreement by the end of June on a European Union directive that would implement a minimum tax, after Hungary held up a deal at an EU finance ministers’ meeting Friday.

“I hope that over the next few days we will get over this stumbling block,” French Finance Minister Bruno Le Maire said. France holds until June 30 the rotating presidency of the Council of the EU, in which EU national governments meet, and has prioritized the minimum tax agreement so EU countries can finalize their own adoptions of it in 2023.

Hungary’s ...