Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs
![](https://ec.europa.eu/newsroom/repository/picture/2018-39/pierre_moscovici_36489.jpg)
date: 27/09/2018
“…a loss of EUR 150 billion per year for national budgets remains unacceptable, especially when EUR 50 billion of this is lining the pockets of criminals, fraudsters and probably even terrorists…I urge Member States to move forward on the definitive VAT system before the European Parliament elections in 2019.”