Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-044-000"

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"Madam President, just following on from my colleague Mrs Băsescu’s comment that we need measures to stimulate the economy, I am pleased to say that in my country, the new government brought in proposals this year to reduce VAT, particularly in relation to restaurants and other areas of that nature. It has had a huge positive effect. In fairness to most of the businesses, they passed the VAT reduction on to the customer and, as a result, they have increased their customers and the number of people visiting. So certainly there are areas where we can stimulate the economy by varying the VAT rate. The idea of having the same rate right across Europe, while it is desirable in the long term, is not practical in the short term."@en1
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