Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-358-000"

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"en.20120510.69.4-358-000"2
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"In view of the current global crisis, I support the adoption of measures to protect the financial interests of the EU and the Member States. Member States are, at present, implementing a policy of very stringent cuts, which, in many cases, is disrupting overall economic growth. In this context, I believe it is necessary in particular to target the grey economy, which is estimated to account for 20% of GDP. If we manage to tax this grey economy, I believe it would be possible to raise sufficient resources to consolidate budgets and secure economic growth. In view of the interconnected nature of the EU economies, I consider it important for Member States to cooperate in looking for ways to limit the grey economy."@en1

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