Minimum tax: Five EU states increase pressure on Hungary

On the sidelines of the informal meeting of finance ministers in Prague, German Finance Minister Christian Lindner and his colleagues from France, Italy, Spain and the Netherlands announced their approach: “As inflation hits heavily the spending power of our fellow citizens, companies must pay their fair share of the burden to alleviate the impact of the global energy crisis,” reads a joint statement by the G5 finance ministers. All five want to introduce the minimum taxes in a nationally coordinated way if necessary.

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