About: Pierre Moscovici
Italy escapes EU budget sanction procedure after spending cuts
The European Commission concluded on Wednesday (3 July) that Italy was no longer breaching the EU’s fiscal rules after the government reduced public spending by €7.6 billion in a last-minute effort to escape a sanction procedure.
Next Commission urged to launch ‘aviation package’
The next European Commission should make curbing aviation emissions a priority in its work programme for the next five years, according to lawmakers at a special summit on Thursday (20 June) dedicated to taxing flights.
One third of trade unionists voted for the far-right at last EU election
The European social contract is broken and inclusive economic policies should be on the top of the next European Commission's agenda, policymakers said at the Brussels Economic Forum on Tuesday (18 June).
Eurogroup to nudge forward EMU reform before next week’s EU summit
EU finance ministers will try to close a deal on deepening the Economic and Monetary Union, including a tentative new budget for the eurozone, during the Eurogroup meeting on Thursday (13 June) in an inclusive format.
G20 agrees to wrap up Big Tech tax rules by 2020
Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday (9 April).
LEAK: Commission ramps up pressure on minimum corporate tax
European Commission will urge finance ministers on Friday (17 May) to agree on a floor to corporate taxation, as part of a strategy to shape the ongoing global debate on tax matters, according to documents seen by EURACTIV.com
Slowing growth: EU countries urged to further adjust spending
The European Commission called on Spain, Italy, France and Belgium to do more efforts to balance their public accounts yesterday (7 May), citing a slowing economy.
Italy accuses EU of prejudice after grim economic forecasts
Italy accused EU authorities of prejudice on Tuesday (7 May) after they forecast the euro zone's third largest economy would stagnate this year and its huge public debt would rise further.
Moscovici on no-deal Brexit: ‘We are as ready as we can be’
As the deadlock over the UK's exit from the EU continues, the bloc has stepped up its preparation for a no-deal Brexit, in particular in the customs area, as border checks will become necessary "overnight" if the UK crashes out without a deal.
Eurozone delays Greece debt relief over household insolvency law
Eurozone ministers on Monday (11 March) held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials said.
Moscovici says Greek budget targets should be reduced
The targets of budget surpluses imposed by lenders on Greece as part of its bailout terms were not realistic and will have to be changed, EU economics affairs Commissioner Pierre Moscovici said on Thursday (28 February). EURACTIV Greece reports.
German SPD retreat: Barley, Bullmann and Moscovici call for fairer taxation
After a meeting between the SPD executive committee and the EU’s Commissioner for Economic Affairs in Berlin on Monday (11 February), all called for fairer taxation in Europe. EURACTIV Germany reports.
Uncertainty dampens European growth
Euro area economy is expected to slow down more markedly than initially expected, because of the impact of increasing risks, including a disorderly Brexit, and external tensions primarily driven by the US-China trade war.
EU wants end to member state veto on tax
The European Commission on Tuesday (15 January) proposed to end the veto power member states have over EU tax matters, an idea rejected by several smaller countries including low-tax hub Ireland.
EU freezes budget disciplinary procedure against Italy
The solution offered to the European Commission is not ‘ideal’ but Italy's efforts are sufficient to avoid the launch of the excessive deficit procedure, the EU executive announced on Wednesday (19 December).
Commission launches excessive deficit procedure against Italy, saying it is ‘sleepwalking into instability’
The European Commission hedged its bets and called for the opening of an excessive deficit procedure against Italy on Wednesday (21 November) as Rome refused once again to revise its draft budget plan.
Stark divisions among member states in EU digital tax plans
EU finance ministers remain divided over a raft of issues in the European Commission's digital services tax (DST) plans after a meeting on Tuesday (6 November) drew attention to a plethora of challenges in reaching a consensus.
Some countries ‘more comfortable’ with interim deal on digital tax, EU diplomats say
Some EU member states are likely to feel “more comfortable” with a temporary agreement on the EU’s digital tax plans rather than wait for international consensus, EU diplomats said on Monday (5 November), ahead of a meeting of EU finance ministers.
UK takes lead in digital tax standoff but diverts from EU plans
The UK is to roll out a digital services tax (DST) for tech giants from April 2020 in a move that breaks an international stalemate on the subject. The rates, however, differ substantially from the EU’s own DST plans.
Member states must not let Commission stand against Italy alone
The rejection of Italy’s draft budget by the European Commission on Tuesday is unprecedented in the history of the Stability and Growth Pact. Member states cannot sit idly by but must take a more active role in the political conflict over fiscal sovereignty.
Digital tax to come by Christmas, Moscovici says
The EU's Economic and Financial Affairs Commissioner Pierre Moscovici has rallied the cause for an EU-wide digital tax to be rolled out in time for Christmas, amid a raft of opposition on the plans from member states, legal experts and industry associations.
Timmermans, the right-hand of Juncker, eyes EU throne
Frans Timmermans confirmed on Wednesday (10 October) that he wants to succeed Jean-Claude Juncker as president of the European Commission next year, dismissing concerns that he has made too many enemies to stand a fighting chance of succeeding his current boss.
Moscovici out of Commission race due to lack of French support
French EU Commissioner Pierre Moscovici announced that he would not be a Spitzenkandidat during May's European elections because he lacks support at home. EURACTIV France reports.