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Antoine Deltour 0

18 months imprisonment or bankruptcy due to LuxLeaks? Proclamation of sentence of Antoine Deltour, 29 June at 3pm in Luxembourg – invitation to press briefing

On Tuesday, 29th of June at 3pm, the Criminal Court of Luxembourg will pronounce its sentence in the case of the LuxLeaks whistleblowers Antoine Deltour, Raphael Halet and Edourd Perrin. The public prosecutors demand 18 months, possibly suspended, imprisonment. An example is being made of Antoine Deltour, in order to silence future whistleblowers who do […]

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Taboo on debt relief broken but Eurogroup must stop sidestepping

Commenting on the outcome of the Eurogroup meeting on the Greek bailout programme, Greens/EFA co-president Philippe Lamberts said: „We welcome the decision to release a new tranche of rescue loans to Greece, which is essential to stanch the persistent deterioration of the Greek economy. However, as the IMF has made abundantly clear, without debt relief […]

Jonathan Hill, Baron Hill of Oareford 0

Financial market regulation: EU Commissioner Hill announces deregulation agenda on advice from the finance industry

EU Commissioner Jonathan Hill presented the results of a consultation on the EU regulatory framework for financial services and an outlook on the EU Commission’s course on financial markets policies. Stakeholders from the financial industry were highly overrepresented in the consultation. MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group, discussed the […]

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Anti-Corruption Summit: Cameron must shut down British tax havens

Representatives of over 40 governments agree on an international declaration against corruption at today’s Anti-Corruption Summit in London. MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group commented:   “Cameron has to turn his words into action and shut down British tax havens. With his power over British overseas territories, it is […]

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Draft mandate of the new inquiry committee after Panama Papers

All major political groups agreed on the following draft mandate for an inquiry committee on the Panama Papers. It is now being verified by the Parliament’s legal service and finally be voted by plenary. Key priority for the Greens was that the work of the ongoing TAXE special committee established after the LuxLeaks scandal is […]

Kontodaten / (c) dpa 0

Economic Statistics: International capital flows to become more transparent

  The European Parliament today voted its final legislative agreement on the revision of the Regulation on balance of payments statistics. Balance of payments statistics give information on the web of international flows to and from a member state’s economy. Over the last few years, legal structures aimed at concealing capital flows have been increasingly […]