The foreign minister said Hungary is not keen on a global minimum tax because it would undermine European competitiveness.
Following talks by phone on Wednesday with US Secretary of State Antony Blinken, Péter Szijjártó said on Facebook that he had told Blinken: “We’re not keen on this idea at all, especially not in its current form or under the current circumstances.” The war is putting the European economy under strain, and new taxes on producers could prove fatal, “especially since efforts are underway to introduce them in Europe at the start of next year, while who knows when they’ll be introduced in the rest of the world, if at all,” he said. Minister Szijjártó said he agreed with Blinken to hold further consultations later this week.
Photo credit: Facebook/Szijjártó Péter