
Beyond the EU budget zero-sum game
Discussion of the EU budget brings strife between supposed net contributors and beneficiaries. Yet the picture is more complex and Europe-wide taxation offers a way out.
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Leonardo Costa has been a member of the faculty of Universidade Católica Portuguesa, Católica Porto Business School, since 1998. He has research interests in development studies, agricultural economics and natural resources, innovation and macroeconomics.

Discussion of the EU budget brings strife between supposed net contributors and beneficiaries. Yet the picture is more complex and Europe-wide taxation offers a way out.

At a conference in Berlin on 29 June, the German Finance Minister, Wolfgang Schäuble, when asked about the situation of Deutsche Bank, said he was