Belgium takes over the EU presidency

Belgium launched its six-month presidency on Thursday with a one big idea: Cross-border economic government anchored in new pan-national taxes. The country wants to explore new sources of revenue to finance European-level projects.

One of those revenue streams could come from a portion of the income from new types of taxes currently up for debate in Europe, including levies on banks, a tax on financial transactions, or even a bloc-wide carbon tax.
But there is a major roadblock to the plan: Major opposition from the United Kingdom.

For more: Belgium takes over the EU presidency | www.english.rfi.fr