HC Deb 03 July 2000 vol 353 c99W
Mr. Denzil Davies

To ask the Chancellor of the Exchequer when he expects an agreement to be reached by the Council of Ministers on the substantive content of the Directive on the taxation of savings. [128445]

Dawn Primarolo

The European Council has endorsed the report on the tax package by the ECOFIN Council and agreed on its principles and guidelines. This is an excellent agreement for Britain and for Europe, and it shows once again how the strategy of positive engagement in Europe both protects and indeed enhances the country's national interest. ECOFIN's report of 20 June on the Tax Package has been deposited in the Libraries of both Houses.

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