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PARIS Reuters - Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the European Union in another blow to a global overhaul of international tax rules. The Polish revenue chief said that despite amendments, Warsaw still had concerns that the minimum tax could enter into force without the new rules preventing big multinationals from booking profits in the most favourable countries. France, which holds the EU's rotating six-month presidency, has pushed for a quick implementation of the deal in the nation bloc, where tax issues require unanimous approval. Poland was one of four countries to block an attempt last month to find a compromise, but Sweden, Estonia and Malta dropped their opposition after tweaks to the deal. French Finance Minister Bruno Le Maire said that he was 'absolutely not convinced' by Poland's position, that Warsaw's concerns had been taken into account and other member states had also made concessions. Le Maire said that he would put the issue back on the agenda of the EU finance ministers' next monthly meeting. Selected edition. Sign in. My Portfolio News Latest News. Stocks: Most Actives. Credit Cards. Latest News. Tue, Apr 5, , PM 1 min read. Privacy Policy.
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Lifting its week oil embargo of energy-starved Lithuania, the Soviet Union began pumping petroleum again to the breakaway Baltic state Saturday in exchange for its agreement the previous day to suspend its unilateral declaration of independence. The flow of crude oil to the Mazeikiai refinery, which shut down more than two months ago for want of petroleum, resumed at p. She said, however, that gasoline and other products might not reach consumers for weeks. Gorbachev opposed as illegal and thus void. President Vytautas Landsbergis said Gorbachev pledged to lift economic sanctions intended to halt the secession bid if the Lithuanian legislature placed a moratorium on the independence declaration, a step the Supreme Council agreed to Friday on the condition that negotiations on secession open with Moscow. The House of Representatives voted June 6 to deny new trade benefits to the Soviet Union until President Bush certifies that the Kremlin has lifted sanctions against Lithuania and started negotiations on independence demands. Ending the oil blockade was a decisive move in that direction. The president and other Western leaders had urged both Gorbachev and the Lithuanians to compromise so a dialogue could begin. Dispatcher Belskite said the oil being pumped to the refinery miles north of the Lithuanian capital of Vilnius was being stockpiled in storage tanks and that refining would not begin immediately. It was uncertain how quickly the refinery could attain its old level of production, about 12 million tons of assorted petroleum products a year, only a fourth of which are consumed in Lithuania, with the rest going to other Soviet republics or for export. Rita Dapkus, a spokeswoman for the government Lithuanian Information Center, said the refinery initially asked to receive 1, tons of crude an hour. As meager reserve stocks of petroleum dwindled, gasoline for private cars was rationed to less than eight gallons a month before it ran out altogether. Heat was turned off in apartment buildings, though the advent of warmer weather made this no hardship. Oil and natural gas are burned to generate electricity in Lithuania, and the energy squeeze took a heavy toll on the economy. There was no announcement Saturday from sources in either Moscow or Vilnius on when natural gas supplies--pumped in through four pipelines--might return to their normal 18 million cubic meters a day, or when shipments of other goods like coffee, tea, fish, sugar and citrus fruit that the Lithuanians say have been stopped might resume. According to ELTA, Soviet officials indicated they were ready to ship the maximum that the pipeline to Mazeikiai can handle. Lithuania and the other Baltic republics were forcibly absorbed into the Soviet Union in , losing the independence they gained after the Russian Revolution. Though the Supreme Council vote left laws passed by the independence-minded Parliament intact and seemed only an indirect acknowledgment of continuing Soviet authority in Lithuania, some in the republic of 3. De Los. Times Everywhere. For Subscribers. All Sections. About Us. B2B Publishing. Hot Property. Times Events. Times Store. Special Supplements. Share via Close extra sharing options. MOSCOW — Lifting its week oil embargo of energy-starved Lithuania, the Soviet Union began pumping petroleum again to the breakaway Baltic state Saturday in exchange for its agreement the previous day to suspend its unilateral declaration of independence. More to Read. More From the Los Angeles Times. Defense chief promises Ukraine what it needs to fight Russia but goes no further. Some resort to unsafe methods.
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