BERLIN Germany is willing to discuss the creation of a Finance Minister Eurozone would handle its own budget and would raise additional taxes, reported Saturday German magazine Der Spiegel .
Last month, the President of the European Commission, Jean-Claude Juncker, presented a vision for a set stricter control of economies block, including a common treasury for the eurozone, Reuters reported.
The German Finance Minister, Wolfgang Schaeuble, is open to the idea of transferring “financial resources substantial “since its tributaries to separate monetary union budget revenue, the magazine said sources with the Ministry.
One option could be that the 19 members of the Eurozone countries to transfer parts of their national income from taxes on income and value added to that budget of the eurozone, says the magazine.
The Minister of Finance of the euro area also could it have the power to impose a surcharge on taxes, which would amount to the creation of a” euro tax “he said.
“We are ready to seriously discuss these issues,” the magazine said, citing a source in the German Finance Ministry.
A spokesman for Schaeuble refused to confirm or deny the report , saying that the discussion on the creation of such independent fiscal capacity for the euro area was just beginning.
“The individual elements under discussion have to be seen within a broader context and also require changes European treaties, “she said.
” In this regard, talks on a ‘euro tax’ are completely misleading “.
Elmar Brok, member of the European Parliament and member of the Christian Democratic Union of Germany also belongs to Chancellor Angela Merkel, he told the magazine. “The euro zone has to think about its own tax”
In a report issued in cooperation with the European Central Bank (ECB) and other institutions of the European Union (EU) last month Juncker proposed more state help in trouble, combined with stricter discipline for countries that breach the fiscal targets.
The recommended measures “quick fixes” that could be introduced in the next two years, and establish a common system of bank deposit insurance and promote competitiveness, in addition to long-term ideas such as a common treasury for the eurozone.
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