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European Parliament calls on Commission to foster competition and consumer protection in financial markets

On Tuesday, the European Parliament adopted the own-initiative report on Retail Financial Services by a broad majority. With this report, the European Parliament is responding to the EU Commission’s Action Plan to facilitate cross-border financial services on European financial markets. The report that stands in the broader context of the Capital Market Union legislation and […]


Paradise Papers – No excuse for lack of action

The European Parliament, this morning debated the most recent revelations of the Paradise Papers and possible consequences. The recent scandal shows that the recommendations of the European Parliament’s Committee of Inquiry into the Panama Papers must be adopted and implemented as a matter of urgency. This also includes the establishment of a permanent committee of […]


Malta: European Parliament seriously concerned about the rule of law

Today, the political groups in the European Parliament have tabled their draft motions for resolution on the rule of law in Malta. One motion has been negotiated between a rare coalition of Christian democrats (EPP), liberals (ALDE), Greens, ECR and GUE (left). An alternative motion is sponsored by the socialist & democrat (S&D) group which […]


Daphne Caruana Galizia’s funeral: Today is a sad day for Europe.

Today Daphne Caruana Galizia, the murdered Maltese investigative journalist, will be laid to rest in Mosta (Malta).  Her family made clear that representatives of the Maltese state are not welcome. The president of the European Parliament will attend on an invitation of Daphne’s family. Moreover, a group of renowned international journalists representing large newspapers such […]


Exploratory talks for potential Jamaica coalition on the future of Europe: Joschka Fischer is right

This week, the exploratory talks for a government coalition between Christian Democrats (CDU/CSU), Liberals (FDP) and Greens – a so-called Jamaica coalition – will focus, among other things, on Europe and possible reforms of the eurozone. In an interview with the Financial Times, former German foreign minister Joschka Fischer emphasised today that Emmanuel Macron’s reform […]


Final report of the Panama Papers Committee of Inquiry: European governments heavily accused for failure

The European Parliament’s Committee of Inquiry into money laundering, tax avoidance and tax evasion (PANA) today voted its final report by a majority. The results of the investigation and the political recommendations will have to be endorsed by the plenary session of the European Parliament in December. During the final votes in plenary, the results […]