France’s Le Maire: Political Hurdles Remain for EU Minimum Tax

French Finance Minister Bruno Le Maire says political hurdles remain to getting a deal between 27 European countries on the implementation of a global minimum tax.

• Le Maire speaks to journalists in briefing ahead of meeting of EU finance ministers Tuesday
• Le Maire had multiple discussions on minimum tax in recent weeks with the finance ministers of Germany, Hungary, Sweden, Czech Republic, Poland, and Ireland
• “We have a text that is technically satisfactory. There are still one or two political barriers to lift and I’ve not given up on hope of getting a consensus at 27 at this Ecofin”
• “The ...