Reynders cited systemic problems with the rule of law in Hungary, adding that the Commission was ready to use all tools to protect democracy, including the suspension of EU funds
"We need sustainable sources of revenue that do not rely on further taxing workers' wages and exacerbating the economic disparities that we are all committed to reducing," Yellen said.
"We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share."