EU ministers disagree on fuel tax breaks

European Union finance ministers failed early today to agree on tax breaks to ease the impact of high oil prices, despite sharp prodding from France and dire warnings that they were threatening economic growth.

EU ministers disagree on fuel tax breaks

European Union finance ministers failed early today to agree on tax breaks to ease the impact of high oil prices, despite sharp prodding from France and dire warnings that they were threatening economic growth.

At a five-hour meeting in Luxembourg, French finance minister Nicolas Sarkozy urged other EU countries to follow his lead in pledging to cut the tax rate on fuel at home to return rising revenues to the taxpayer.

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