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Europe Daily Bulletin No. 10054

13 January 2010
GENERAL NEWS / (eu) ep/taxation/customs union/audit
Algirdas Šemeta says that tax revenue and budgetary expenditure are two sides of same coin

Brussels, 12/01/2010 (Agence Europe) - Three Parliamentary committees - economic and monetary affairs, budgetary control and internal market - grilled Commissioner-designate for Taxation, the Customs Union and Audit Algirdas Šemeta (see EUROPE 10048) for three hours on his programme. This “very wide” portfolio which the former Lithuanian finance minister has inherited is relatively homogeneous in that “tax revenues and budgetary expenditure are two sides of the same coin”. Among the...

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