Junior tax ministers failed to resolve member states’ differences over the planned EU-wide savings tax at a meeting earlier this week…

Date: 01/06/2000

...all but dashing hopes of a breakthrough in time for next month's Union summit. Finance ministers will consider a progress report from the group at their meeting in Luxembourg next Monday (5 June), their last before EU leaders meet on 19-20 June. But diplomats said the report would merely reflect the fact that countries were still divided over the issue.