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Italy says no more EU budget rebates, Poland says ETS tax culled

Italy says no more EU budget rebates, Poland says ETS tax culled

Saturday, February 22, 2020, 8:07 AM

Italian Prime Minister Giuseppe Conte said the next EU budget must not contain rebates for net payers. His Polish counterpart, Mateusz Morawiecki, said an idea to replenish the 2021-27 budget with part of national proceeds from carbon emissions trading through the Emissions Trading System(ETS) was rejected. They spoke after an EU leader's summit failed to yield a deal on the bloc's next long-term budget.
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