The EU Commission will review fiscal rules after the pandemic

by time news

Time.news – “The European Commission had started the review of the European tax rules even before the pandemic. The review has been suspended but we have clearly indicated that it will resume as soon as the crisis is over“This was stated by the vice president of the European Commission, Valdis Dombrovskis.

“So – he added – it will be important to build consensus on the new direction of tax rules and there are several important parameters that need to be looked at: first on the simplification of what has become a very complex regulation and which is also based on indicators that cannot be directly observed such as output gaps on structural balances, on ensuring the sustainability of public finances in all the Member States “.

“It’s clear that we will be able to present a more detailed proposal as soon as the consultations are restored and concluded“added Dombrovskis.

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