Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-268-796"

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"en.20111201.35.4-268-796"2
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"The Treaty on the Functioning of the European Union does not, in principle, allow any difference between the taxation of local products of the Canary Islands and the taxation of products from Spain or other Member States. The Council Decision of 20 June 2002 authorises Spain, up to 31 December 2011, to apply exemptions from or reductions in the tax known as AIEM to a list of products produced locally in the Canary Islands. The decision sets out the reasons for adopting specific measures designed to strengthen local industry by making it more competitive. The global economic crisis of 2009, which led to a drop in passenger numbers, had severe consequences on the economy of the Canary Islands, which is highly dependent on revenues from tourism. Hence, unemployment rose from a rate fluctuating between 10.4% and 12% over the period 2001-2007 to 26.2% in 2009. On 16 November 2010, Spain submitted a request to the European Commission to extend the period of application of Decision 2002/546/EC for two years, so that its expiry date coincides with the one of the ‘Guidelines on National Regional Aid for 2007-2013’. The Commission has assessed it in light of the scale of the handicaps affecting the Canary Islands. It has come to the conclusion that it is justified to grant the request on the basis of the available data. I welcome this document because it is a proposal for a Council decision amending Decision 2002/546/EC as regards its period of application, allowing the extension of the period of application until 31 December 2013."@en1

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