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'I am not going to point the finger at any particular ministers or member states but we know it is largely due to the unanimity rule,' commissioner Pierre Moscovici said (Photo: European Parliament)

Stalling on VAT reform costing billions, says Commission

The European Commission on Tuesday (7 May) lashed out at member states' stalling on VAT reforms, following media revelations that up to €50bn is lost every year to so-called 'carousel fraud'.

The scam, exposed earlier this week by German-media outlet Correctiv along with dozens of other newsrooms from across Europe, found criminals and terrorists are stealing taxpayer money by exploiting cross-border exemptions from VAT.

The latest revelations, known as

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

'I am not going to point the finger at any particular ministers or member states but we know it is largely due to the unanimity rule,' commissioner Pierre Moscovici said (Photo: European Parliament)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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