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Cyprus News Agency: News in English, 11-05-30

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] CYPRUS EC SINGLE MARKET

  • [01] CYPRUS EC SINGLE MARKET

    A European Commission Communication on the Single Market Act and the twelve levers to boost growth and strengthen confidence was the main issue discussed during the EU Competitiveness Council here Monday.

    Cyprus was represented at the Council by Commerce, Industry and Tourism Minister Antonis Paschalides.

    Paschalides expressed his support to the Communication, underlining that they need to focus particularly on initiatives related to social cohesion, fundamental social rights, the support of small-medium businesses as well as the modernization of these rules with regard to public tenders, aiming at securing easier access for small-medium businesses.

    However Paschalides expressed skepticism as regards setting up a joint unified tax basis for all businesses, noting that direct taxation constitutes a national issue for each member state. He backed a proposal by Greece and Portugal to include in the Councils conclusions a reference regarding the decentralised regions, as these include island regions.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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