Arab Today, arab today slovakia to address europewide unemployment insurance during presidency
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Slovakia to address Europe-wide unemployment insurance during presidency

Arab Today, arab today

Arab Today, arab today Slovakia to address Europe-wide unemployment insurance during presidency

unemployment
Bratislava - Xinhua

 The concept of universal European unemployment insurance and common taxation rules are to become a key priority during Slovakia's presidency of the Council of the EU, which begins next month.

The announcement was made here by Slovak finance minister Peter Kazimir after meeting with Italian economy and finance minister Pier Carlo Padoan on Monday.

"Unemployment is one of the factors that gravely influence the potential for economic growth. We're not talking about a tool that could be abused or permanently employed by irresponsible countries, but about a combination of abiding by the rules and creating opportunities to unburden national budgets from expenditures linked to a rise in unemployment," explained Kazimir at a press conference following the meeting.

The finance ministers concurred the tax systems of individual EU-member states should not be in contradiction with each other and said they would jointly push for equal taxation.

Kazimir pointed out that despite the high degree of harmonised value-added tax (VAT) in the EU, there were still cases of massive tax evasion due to a lack of cooperation.

"Transparency and exchanges of information among tax authorities are key. The tax administrations of individual member states keep to themselves too much, and that's an obstacle to exchanges of information. Further harmonization of taxes could be achieved in the area of indirect taxation," explained Kazimir, saying he would address this.

Padoan added it was also crucial to reduce the costs of European trading companies, which often complain about high taxation as well as unnecessary bureaucracy. 

source : xinhua 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today slovakia to address europewide unemployment insurance during presidency Arab Today, arab today slovakia to address europewide unemployment insurance during presidency

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today slovakia to address europewide unemployment insurance during presidency Arab Today, arab today slovakia to address europewide unemployment insurance during presidency

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday