25.05.2018

Vladislav Goranov: Good morning. This is the fifth ECOFIN meeting under the Bulgarian Presidency and I really hope that today we will achieve a lot of good things for Europe. There are two major topics. One of them is the banking package related to risk reduction mechanism in banking industry. The second big topic includes the three dossiers related to the taxation – especially VAT issue, administrative cooperation, lower VAT rate for e-books and diverse charge mechanism, proposed by the Czechs. I hope that the Bulgarian Presidency will be able to suggest very balanced and good decisions but still we will need unity. It’s going to be a hard day.