German finance minister wants EU-wide petrol tax to pay for migrants

German Finance Minister Wolfgang Schaeuble on Saturday mooted the possibility of an additional EU-wide petrol tax to cover the increasing cost of migration to Europe.

"We have to secure the external borders of the Schengen zone. We mustn't fail to solve these problems because of limited funds," the conservative politician told daily Sueddeutsche Zeitung.

Schaeuble's proposals come in the wake of a EU finance ministers' meeting in Brussels, which failed to come up with a feasible plan to pay for the cost of migration.

"I suggested we could raise a tax on each litre of petrol if there aren't sufficient funds in national budgets or in the European budget," Schaeuble said without a naming a figure.

However, the finance minister's proposals have been met with opposition in his home country.

The vice chairwoman of Schaeuble's Christian Democrat party, Julia Kloeckner, rejected the proposal as did the leader of left-wing party Die Linke, Sahra Wagenknecht.

Various drivers' clubs also voiced their opposition, arguing the current low petrol prices did not justify such a policy.

Last update: Fri, 24/06/2016 - 08:49

More from Europe

Landmark EU trade deal with Canada to be signed on Sunday

The Comprehensive Economic and Trade Agreement (CETA) with Canada is to be signed in Brussels Sunday, European...

Ex-Soviet republic Moldova to vote for president in time of crisis

Moldovans will vote for their president for the first time in 20 years on Sunday as the former Soviet republic...

Registration best way to prevent terrorists entering EU, says EPP official

The president of the European People's Party (EPP) Group in the European Committee of the Regions, Michael Schneider...

Northern Irish court dismisses first legal challenges to Brexit

A court in Northern Ireland on Friday dismissed the first legal challenges to Britain's plans to leave the European...

EU mulls next steps after Poland dismisses rule of law concerns

The European Commission was considering its next steps Friday after Poland issued a defiant response to concerns...