Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-19-Speech-4-026"

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"en.20090219.3.4-026"2
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"Madam President, Commissioner, ladies and gentlemen, within the context of Europe’s Economic Recovery Plan, it is being recommended that the Member States should make a temporary reduction in VAT in order to stimulate consumption. In addition, the European Commission has prepared a proposal to extend Member States’ options for applying a reduced VAT rate. Wider application of a reduced VAT rate will not only foster economic recovery, but will also contribute to the creation of new jobs and reduce the black economy. The amendments to the directive provide for a significant extension of the opportunities for applying reduced VAT rates. This will apply to catering services, renovation and repair work for housing and places of worship, labour-intensive and locally-supplied services, children’s car seats, children’s nappies and so on. From the economic and environmental policy viewpoint, it is also important to apply a reduced VAT rate to energy-saving materials and services connected with energy saving and energy efficiency. I call upon the European Commission to speed up the consideration of this issue and to prepare proposals on these points as swiftly as possible. These are welcome changes and demonstrate the European Union’s readiness to react quickly to the economic crisis to the limits of its capabilities. I hope that the Council will also support these changes. It just remains to urge the Member States to use these new possibilities in the application of reduced VAT rates. Thank you for your attention."@en1
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