Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-378-000"

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"en.20120419.15.4-378-000"2
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"The conclusions of the study presented by the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament point to the fact that each year the 27 Member States lose EUR 1 trillion in potential tax revenue. On this basis alone, I believe it is important to make appropriate efforts to reduce this tax gap by 2020. The European Union should seek to contribute to the essential stabilisation of financial markets and the economy as a whole by significantly reducing liquidity in financial trading, which is not associated with real economic activity. It is also important to achieve an increase in public revenue, thereby helping to speed up fiscal consolidation and at the same time to alleviate the current pressure placed on public expenditure on education, health and social policy. Finally, I believe it is important to make an effort to increase public investment, which would ultimately lead to the strengthening of the European Union as a whole and an effort to effectively prevent tax fraud and evasion."@en1

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