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Commission proposal on European social entrepreneurship funds: a milestone for the recognition of the social and solidarity economy

The European Commission today adopted a proposal on social entrepreneurship funds. Commenting on the proposal, Green financial spokesperson and shadow rapporteur on this legislative file Sven Giegold said: „With this proposal Commissioner Barnier lays the foundations for the recognition and promotion of the social and solidarity economy.  Currently, at least 7% of all jobs in […]

Press release ALTER-EU: Parliament blocks expert groups‘ budget until safeguards against their capture by special interests and increased transparency are introduced

The Plenary of the European Parliament yesterday voted overwhelmingly in favour of freezing part of the budget for the European Commission’s expert groups until new rules are introduced to provide safeguards against their capture by special interests and to improve transparency [1]. ALTER-EU has welcomed this initiative by the Parliament to put pressure on the […]

Financial transaction tax:
Commission proposals better late than never but must now be swiftly implemented

European Commission president Barroso today announced that the Commission has adopted proposals for a financial transaction tax (FTT). The Greens have long advocated the introduction of an FTT both as a means of curbing harmful speculation and as a new source for generating public revenue, and welcomed today’s announcement. The group has argued for the FTT […]

Eurozone crisis: Support the ECB!

Commenting on the latest developments in the Eurozone crisis, Greens/EFA economic affairs spokesperson Sven Giegold MEP said: „EU leaders cannot pull the wool over the eyes of the markets, without an economically and politically credible crisis response mechanism, the Eurozone crisis will not be resolved. “The latest developments with Italian and Spanish sovereign debt have […]

Beyond the ‚big three‘ ratings agencies

It is time for an independent European agency to provide sovereign debt ratings – ending the dominance of Fitch, Moody’s and Standard & Poor’s, argues Sven Giegold MEP. Ever since the railway expansion in 19th century America, credit rating agencies have played an increasingly important role in guiding and directing investments. Today, ratings play the […]

Appeal „Let’s change Europe“

MEPs launch online appeal for fair economic and social policies in a time of crisis A group of MEPs today launched the cross-party appeal „Let’s change Europe“ criticising current economic and social policies in the EU and calling for a change of course. It’s the economic governance package, in particular, that’s in the line of […]

Briefing on the Portuguese Bail-out

After several months of ‘market expectations’ that Portugal would ‘unavoidably’ join Greece and Ireland as the third euro area bailed-out Member State, Portugal’s caretaker government has confirmed today that it has submitted a formal written request for a financial rescue package to the European Commission. This announcement follows a fresh political crisis triggered by the […]

Solidarity with Japan! Fukushima is everywhere!

Call for solemn  vigil (″Mahnwache″) in Brussels on Monday, 14th of March, from 6-6:30 pm, in  front of the European Parliament As a reaction to the various catastrophes in Japan during the last days, solemn vigils are going to be held all over Germany this evening. Following this idea, we call for a solemn vigil […]