Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-512-000"
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"en.20111116.26.3-512-000"2
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"Mr President, Europe is currently in dire need of strong and sustainable growth. Without higher growth rates it will be difficult to solve the acute debt crisis and cope with global competition in the slightly longer term. In this situation, we cannot afford to miss a single opportunity to improve the growth potential of the European economy. We must leave no stone unturned in our efforts to get the internal market to operate more effectively.
One area with a particularly large amount of potential is the digital sector. If the existing barriers to digital services on the internal market were removed, the exchange of this type of service in Europe would be likely to increase the market. This would have a direct economic value, promote the development of digital services and also give important international competitive advantages to those European companies operating in this area.
A significant barrier to the digital internal market is posed by the rules contained in the VAT Directive, which state that services of cultural content must not have the same low VAT rate when supplied digitally as when they are supplied in physical form. These rules are out of date and need amending without delay. Books, newspapers and music that are provided in digital form clearly should be given the same tax conditions as the physical equivalents."@en1
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