Brussels identifies green tax potential

Many member states could do much more in the area of environmental taxation, according to European Commission analyses published on Thursday

Many member states could do much more in the area of environmental taxation, according to European Commission analyses published on Thursday.

The Commission published analyses of all member states’ finances except Greece in the first step of the European Semester fiscal oversight process for 2015, which will culminate in recommendations to each member state in May.

The aim is to enforce EU budget rules and promote growth. But European Semester recommendations also often call on member states to shift taxes to polluting activities. The Commission likes environmental taxes because it sees them as less detrimental to growth than labour taxes.

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