Rajoy rejects EU's calls to increase IVA
Friday, June 7, 2013 @ 6:54 PM
SPANISH president Mariano Rajoy has stood his ground in Europe and insisted he has 'no interest' in increasing taxes, including IVA, any further.
Neither does he intend to review the list of goods which currently attract 'super-reduced' IVA, at four per cent, and which includes basic foodstuffs like bread and eggs.
Brussels has asked him to do both, and this request was reiterated by president of the European Commission, MEP José Manuel Durão Barroso.
But Rajoy answered that the Spanish government had already put up IVA last year – with the top rate rising from 18 to 21 per cent – and that they were 'constantly exploring' new measures.
Read more at thinkSPAIN.com