The US Treasury secretary expressed optimism that EU holdouts from the global tax agreement will get on board, after she held meetings with European finance ministers in Brussels.
Janet Yellen said that her sense was that the EU countries that have refused thus far to sign up to the deal struck this month “want to find a way to get to yes”. Ireland, Hungary and Estonia are among the eight countries around the world that declined to sign up when the OECD hammered out the accord.
“My message is that this is an agreement that is historic and very much in the interests of all countries, and it is important that everyone try to get on board,” she said in a roundtable with journalists, pointing out that there are now several months to address countries’ individual concerns.