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4 December 2018

Europe

Eurogroup and ECOFIN meetings in December 2018

Once again, there were many important issues on the agenda when European finance ministers convened in Brussels for their last meetings of 2018. Reform of the eurozone is making good progress, in the form of further development of the banking union, the establishment of a European Monetary Fund and the decision regarding a common budget. The ministers also discussed the Franco-German proposal for the introduction of a digital tax and adopted an action plan for combating money laundering and terrorism financing.

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