(Tiper Stock Exchange) – “We need to have a common line also because it would be unrealistic to think of going back to the previous rules”. The Economy Minister told Ecofin today Giorgettiabout the review of the European governance. The minister highlighted among others, the need for public incentives to be more precise and appropriate at the proposal stage and closer the need to respond effectively to the challenges we are facing. As far as structural taxation is concerned, Giorgetti criticized the very rigid approach which is even more harmful in the current framework characterized by a strong uncertainty.
EU finance ministers expect one updated assessment of the European Commission sulle measures put in place by Hungary to respect the rule of law, which would avoid the freezing of EU cohesion funds “by the end of this week, so that we can take a decision at Coreper level (permanent ambassadors to the EU) next week” on all the related package of measures. This is what the finance minister of the Czech Republic reported, Zbynek Stanjura, in the press conference of the rotating presidency of the EU at the end of Ecofin. For his part, the vice president of the European commission, Valdis Dombrovskis, while complaining about the technical difficulties of carrying out this update, stated that “” we will do what we can in the limited times that exist “”. Stanjura has repeatedly remarked that he considers “the whole package as a single agreement: if there is no agreement on one element, there is no agreement on everything”he said
Understanding supported, of course, also by Giorgetti vhe asked the Hungarians for the green light to the global minimum tax. According to a note, in his speech he highlighted the importance of working until the end for a positive solution.
“The achievement of the compromise with theHungary is essential to unlock European funds for Ukraine, pillar 2 (of the minimum global taxation) and of course the Hungarian PNRR. The positive conclusion of the story is objectively in everyone’s interest”