least thirty one point eight billion euros the amount was previously thought to be only around five the new estimates suggest france lost at least seventeen billion euros italy four point five and denmark one point seven billion euros at least six other countries could also be affected. the loophole was closed in two thousand and twelve but many questions remain unanswered such as when germany informed other countries about the comics dealings the case is firing up those demanding a stronger you financial oversight. and speaking of e.u. finances the european union norway russia and other countries have formally asked the world trade organization to set up a resolution panel to address the united states' higher tariffs for imported steel and aluminum the countries believe the tariffs are not allowed under the mobility old rules established mint of the panel means the w t o members have failed to come