DIE GRÜNEN | EFA im Europäischen Parlament Sven Giegold Am 25. Mai:Grün für ein besseres Europa
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Poland: Criticism of the EU commission is justified but contestable

Today, the European Commission has reacted to the planned justice reform in Poland and announced first decisions for next week. MEP Sven Giegold, Greens/EFA and rapporteur of the Parliament for the transparency, integrity and accountability of EU institutions:   “It is good news that the EU commission has sent a clear message to the Polish […]

Wolfgang Schäuble, deutscher Finanzminister 0

Italian and Spanish banks and Panama Papers in the European Parliament

Dear correspondents, Dear journalists,   Tomorrow financial crime and new banking subsidies will be high on the agenda of the European Parliament. We will hold behind closed doors hearings with Commissioner Vestager and with the chair of the European Single Resolution Board Elke König at 8.15 am and at 3 pm respectively. At 4 pm […]

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EU-Japan trade agreement is an unfinished house – European Parliament is being barred from further negotiations

The economic and financial policy spokesperson for the Greens / EFA Group in the European Parliament, Sven Giegold, comments on the political agreement between the EU and Japan on a free trade agreement (JEFTA):   „The agreement presented is only a half-finished house. Controversial building blocks such as investment protection and regulatory cooperation are only […]

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United in Diversity: European Parliament calling for strict common rules for Covered Bonds

This Tuesday, the European Parliament voted on the initiative report “Towards a pan-European covered bonds framework”. Covered bonds are debt securities issued by a bank or mortgage institution and collateralised against a pool of assets. Holders of covered bonds are protected twice, through recourse against the issuer and the collateral, a safety mechanism known as […]

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Multinational corporations: Country-by-country reporting is a major win for tax justice

The European Parliament has today backed proposals for public country-by-country reporting of financial information, a major tool in the fight for tax justice. Public country-by-country reporting would require large multinationals operating within the EU to publish financial information for all territories in which they operate, including those out-with the EU. The Greens/EFA group has supported […]

EU-Kommissar Dombrovskis präsentiert das europäische Renten-Anlageprodukt PEPP 0

A Pan-European pension: Europe’s consumers profit from the first European financial product

The European Commission today presented a proposal for a Pan-European private pension product. The draft regulation for European pension products called „PEPP“ (Pan-European Pension Product) is intended to set European rules and quality standards for retirement provision products. This would make these pension products comparable and transferable to other countries across the EU. Insurance companies, […]

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Record penalty for Google: Europe proves its muscles against abuse of market power in the digital sector

EU Competition Commissioner Margrethe Vestager announced today that the EU Commission imposed a record penalty of 2.42 billion euro on Google. As the European competition authority, the EU Commission accuses Google, among other things, of preferring its own services in the shopping search engine and thus to discriminate against those of others. The EU Commission […]

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Tax justice: Member States must follow Commission’s lead and tackle tax advisors’ and lawyers’ aggressive methods

The European Commission will today present its proposal to create an obligation on intermediaries to systematically report to tax authorities any cross-border schemes with potentially aggressive tax planning elements they offer to their clients. A report from the Greens/EFA group in January 2017 showed the extent of the role of intermediaries in tax evasion and […]

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Lobby transparency: MEPs reject to bring their own house in order

The European Parliament’s Conference of Presidents has today adopted the Parliament’s mandate to begin negotiations on the new Transparency Register for lobbyists with the European Commission and the European Council. Conservatives (EPP), Social-Democrats (S&D) and Liberals rejected any obligatory lobby transparency inside Parliament as Greens/EFA had demanded. The mandate, which was only made public through […]