Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-19-Speech-4-023"
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"en.20090219.3.4-023"2
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"Madam President, in adding my voice to the debate on the Commission’s proposal for reduced VAT rates, I would like to draw your attention to the implications of this proposal in terms of combating the impact of the current crisis. The Member States currently need effective instruments in order to protect jobs and prevent a recession. Reducing the VAT rate for labour-intensive services meets this objective. It lessens the burden placed upon SMEs, facilitates access to basic services and protects jobs. At the same time, it neither distorts competition on the internal market, as it supports businesses providing local services, nor does it pose a threat to state revenue, since the introduction of lower rates remains a voluntary step. This Parliament should support the Commission’s proposal and I wish Commissioner Kovács every success in convincing the entire Council to adopt it."@en1
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