EU hits Switzerland with new tax
Published:
19 February 2004 y., Thursday
Some Swiss exports to the European Union are to be subject to new tariffs as of March 1 in a unilateral move by Brussels.
The Swiss government on Wednesday said it had been told of the new tax on re-exports by local firms before receiving confirmation from Brussels on the matter.
“Switzerland has not yet officially been informed [about this],” said Stephan Schmid, a spokesman for the State Secretariat for Economic Affairs (Seco) in Bern.
Schmid said Switzerland would fight the decision and confirmed that an explanation had been sought from the authorities in Brussels.
“Bern will do all it can to ensure that this measure does not come into force,” he said. Economically speaking, the EU is shooting itself in the foot by taking this decision.
Until now products and materials imported to Switzerland and subsequently exported back to the EU have not been subject to customs charges.
Šaltinis:
swissinfo.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The financial and economic crisis has shown that reckless behaviour of banks and other financial institutions can have serious and costly consequences for Europe's economy and its people.
more »
Local services that create jobs and improve energy efficiency received a boost Thursday (2 September) when MEPs on the Industry, Research and Energy Committee approved plans for more investment.
more »
The European Commission approved the first financing decisions under the EUR 264 million 2010 allocation for the so-called Vulnerability FLEX mechanism to help the most vulnerable African, Caribbean and Pacific countries cope with the impact of the global financial crisis and economic downturn.
more »
The European Commission has today updated the list of airlines banned in the European Union to impose an operating ban on one air carrier from Ghana and to place operating restrictions on another air carrier from that country.
more »
The European Commission today approved an application from Denmark for assistance under the European Globalisation adjustment Fund (EGF).
more »
Algirdas Šemeta, EU Commissioner for Taxation, Customs Union, Anti-Fraud and Audit, will open tomorrow an international conference at the Shanghai World Expo 2010 on building bridges to facilitate trade between China and the EU.
more »
Moldova is set to receive an EU grant of up to €90 million to help it through the financial crisis, following a vote at Parliament's Committee on International Trade on Monday.
more »
Important notice: since May 2010 business surveys data are classified in accordance with an updated version of the Nomenclature of Economic Activities (NACE rev. 2) causing a potential break in series at this date.
more »
75% of Europeans think that stronger coordination of economic and financial policies among EU Member States would be effective in fighting the economic crisis, according to the Spring 2010 Eurobarometer, the bi-annual opinion poll organised by the EU.
more »
The European Commission has extended until the end of the year the liquidity support scheme for banks in Slovenia.
more »