September 27, 2019 / 10:20 AM / 23 days ago

EU fiscal rules' leeway should be fully used to boost growth - economy commissioner designate

BRUSSELS, Sept 27 (Reuters) - The European Commission should use all the leeway permitted under EU fiscal rules to spur growth in the bloc, the economic commissioner-designate Paolo Gentiloni said in written answers to lawmakers published on Friday.

He said he would seek to make “full use of the flexibility allowed in the rules” and pursue a more growth-friendly fiscal stance in the euro area.

Ahead of his confirmation hearing in the EU parliament on Oct. 3, Gentiloni also said he would try to introduce sanctions against tax havens, and would also move ahead with an EU digital tax if no deal on the matter is reached at global level by the end of 2020. (Reporting by Francesco Guarascio @fraguarascio; editing by Philip Blenkinsop)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below