Pierre Moscovici is the Commissioner for Economic and Financial Affairs, Taxation and Customs. Before his designation, he served in the European Parliament and in the French National Assembly, mainly working on economic issues. He has been Minister for European Affairs (1997-2002) and Minister for the Economy and Finance (2012-2014) in France. As Commissioner, he is in charge of the application of the Stability and Growth Pact, as well as ensuring the economic soundness of Commission proposals and deepening the Economic and Monetary Union to create the conditions for jobs, growth and investment, and encouraging further structural reforms. On taxation matters, Commissioner Moscovici is responsible for developing a value added tax system at EU level, improving the functioning of the internal market in both direct and indirect taxation and fighting tax fraud and tax evasion. His responsibilities also include the development and management of an efficient EU customs union.