All these concerns about Libra are serious. I therefore want to say with plenty of clarity: in these conditions we cannot authorize the development of Libra on European soil. Le Maire More Quotes by Le Maire More Quotes From Le Maire I can confirm the next CEO has not yet been chosen. The only indication I can give you is that I wish it is a professional of the car industry because amid the radical transformation of the sector, one needs professionals. Le Maire business It is not good that banks, be them German, Italian, French or Spanish, are too exposed to the sovereign debt of their country. Le Maire technology It gives us critical size to face the dual challenges of autonomous vehicles and electric cars. Le Maire top-news We want to establish a safe and sovereign European data infrastructure, including data warehouses, data pooling and develop data interoperability. Le Maire technology It's incomprehensible that carbon emissions targets were set for cars and not for airplanes and ships. We propose that work is done on a European tax on airplane and ship fuel. Le Maire environment Based on these results, we want to build a trustworthy cloud to store our companies' most sensitive data. Le Maire technology If the American administration rejects the hand that has been held out by France and the European Union, we are preparing ourselves to react with sanctions. Le Maire top-news We encourage European central banks to accelerate work on issues around possible public digital currency solutions. Le Maire company-news All these concerns about Libra are serious. I therefore want to say with plenty of clarity: in these conditions we cannot authorise the development of Libra on European soil. Le Maire company-news It's in our interest to have a fair digital tax, please do not mix the two issues. The key question now is how we can we get consensus on fair taxation of digital activities. Le Maire top-news We cannot accept private companies issuing their own currencies without democratic control. Le Maire technology The sovereignty of nations cannot be jeopardised, the overall mood around the table was clearly one of important concerns about the recent Libra announcements, and a shared view that action is needed urgently. Le Maire technology If we don't agree at the G7 level on the broad principles for taxing digital companies today or tomorrow, then quite frankly it will be complicated to find among 129 countries at the OECD. Le Maire technology The red line for us is that Libra must not transform into a sovereign currency. Le Maire company-news France is a sovereign nation and will continue of course to decide as a sovereign nation on all taxation issues, so let's work during the G7... on that key question of digital taxation because this is for us the best way to fix this issue. Le Maire company-news These digital giants are turning into private states – states over which citizens have no control and where democracy has no place, we cannot let companies, which are serving private interests, gather all the attributes of sovereign states. We must act. Le Maire company-news Between allies we can and should solve our disputes not by threats but through other ways, france is sovereign country, its decisions on tax matters are sovereign and will continue to be sovereign. Le Maire technology We are merely re-establishing fiscal justice. We want to create taxation for the 21st century that is fair and efficient, we want to impose on these new business models the same rules that apply to all other economic activities. Le Maire technology France is a sovereign country, its decisions on tax matters are sovereign and will continue to be sovereign. Le Maire technology There are other ways between allies to solve our differences, there is no need for threats, we can solve our differences through negotiations and through discussions. Le Maire technology
