Denmark and Finland Reject More Common EU Debt

Lietuvos Radijas ir Televizija

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The Council of Ministers of Economy and Finance of the European Union (EU) on Tuesday endorsed the recommendations of the European Commission on the application of the tax exemption on defence costs.

OKDIARIO

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The European Union has approved on Tuesday, July 8, the exceptions to the tax rules to 15 Member States so that they can increase their spending on defence and security in the face of the common threat posed by the invasion of Russia over Ukraine. However, it is striking that among these 15 countries there is no Spain. The reason is that, although Spain would very much like this exception, it has not yet asked for it. The causes of this delay wo…

Iltalehti

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Debates are being held in Brussels for and against the European Union's joint debt. The background is rumors about a possible proposal from the Commission. Discussions are bubbling around a possible joint European Union debt, Finance Minister Riikka Purra (PS) said at a press conference in Brussels. The discussion about the Union's joint debt came up at Monday's Eurogroup meeting. The discussion also continued at the ministers' dinner at the end…

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Finance Minister Riikka Purra (PS) confirmed in Brussels on Tuesday that the Eurogroup meeting discussed a possible new EU joint debt.