John Purvis MEP, who is Conservative vice-chairman of the European Parliament’s Economic and Monetary Affairs Committee, has commented as the European Commission prepares to publish its response the De Larosiere report on financial supervision. This advocated the creation of a "European Systemic Risk Council", chaired by the European Central Bank, and a "European System of […]
The European Parliament has today adopted proposals on VAT. It lets governments reduce VAT to five per cent on local, labour-intensive services such as building renovations, gardening, cleaning and hairdressing. John Purvis, who is vice chairman of the Parliament’s Economic and Monetary Affairs Committee, says that member states should take advantage of this flexibility. He […]