Prodi Proposals On EU Tax Slammed

tax       2002-05-24 
European Commission President, Romano Prodi's latest set of proposals with regard to EU enlargement and tax harmonisation have struck fear into the heart of member states such as Ireland and the UK.
Warning that when the economic bloc admits 10 new members, probably in 2004, the EU is likely to grind to a halt without reform, the EC President argued that provisions allowing member states to veto decisions in the areas of tax and social policy should be abandoned, and renewed calls for a direct tax in order to fund EU spending.