# Macro Matters: Can billionaire taxes fix Europe’s budget?

https://mins.news/en/video/34787

- Reuters, 2026-08-27 18:31 UTC
- Economy
- Original: https://www.youtube.com/watch?v=fJ7MxqhCP8A

> Fiscally hawkish EU countries are pressing for a smaller seven-year budget, prompting debate over whether billionaire taxes could fill the resulting gap. Nomura’s George Buckley says taxes would need to rise sharply to make a meaningful difference.

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