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German SPD leader takes aim at U.S. tech giants

Published 12/07/2017, 06:48 AM
Updated 12/07/2017, 06:50 AM
© Reuters. Social Democratic Party (SPD) leader Martin Schulz walks onto a podium during an SPD party convention in Berlin

BERLIN (Reuters) - The leader of Germany's Social Democrats (SPD) took aim at U.S. technology firms Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB) and Google (NASDAQ:GOOGL) on Thursday, saying a strong Europe was needed to make sure they stick to the rules.

Martin Schulz, who hopes to persuade his party to approve talks with Chancellor Angela Merkel on forming a new coalition, told a congress of his SPD party that Ireland was complicit in allowing companies like Apple to avoid billions of euros in tax.

He also called for the creation of a European finance minister, who should fight tax evasion by reining in the race to the bottom in tax policy among member states.

© Reuters. Social Democratic Party (SPD) leader Martin Schulz walks onto a podium during an SPD party convention in Berlin

"Only a strong Europe can force platform giants like Facebook and Google to respect our rules and basic rights," he said.

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