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Green MEPs demand lower interest rates for Greece

On the occasion of today’s disbursement of 6,5 bn EUR in the framework of the Greek adjustment programme the European parliamentarians Michail Tremopoulos (Greek Greens) and Sven Giegold (German Greens and Green coordinator in the Economic and Monetary Committee) declared: „The adjustment programme has not solved the deep problems of the Greek economy but added […]

Irish Times: Ireland criticised over corporation tax

Ireland criticised over corporation tax MARIE O’HALLORAN Wed, Sep 22, 2010 IRELAND’S CORPORATION tax policy has come in for renewed criticism with a senior member of the German Greens describing it as an “unjustified privilege” and “illegitimate preference”. Sven Giegold said the bond spreads or cost of borrowing for Ireland “have reached Greek levels, creating […]

Economic and Monetary Affairs committee supports stronger rules for financial markets

PRESS RELEASE – Brussels, 11 May 2010   EU Financial Supervision: Economic and Monetary Affairs committee supports stronger rules for financial markets Commenting on yesterday’s vote in the Economic and Monetary Affairs committee on a single European financial supervisor, Sven Giegold, rapporteur for the European Securities and Markets Authority (ESMA) said: “MEPs from virtually all […]

Euractiv: EU Parliament pushes for bank tax

Published: 11 March 2010 An overwhelming majority of MEPs yesterday (10 March) pushed the EU executive to weigh up the costs and benefits of a possible tax on financial trading to compensate taxpayers for bank bailouts and plug public deficits. Background A tax on cross-border currency trading has been considered on many occasions by politicians […]

EuropeanVoice: Council at odds with MEPs

Council at odds with MEPs over reforms By Jim Brunsden 18.02.2010 / 05:18 CET Commission proposal ‘weakened‘ by Council but MEPs want to restore most of original proposal. EU governments, MEPs and the European Commission are deeply divided over proposals to reform financial supervision in the EU. The reforms were proposed by the Commission last […]

Media conference and livestream: The future of financial supervision in Europe

Media conference The future of financial supervision in Europe The parliament’s view The rapporteurs on financial market supervision will present their draft reports and be available for questions. Participants: Manuel Garcia-Magallo y Marfil, EPP, Rapporteur European Financial Supervisory Authority (Banking) Peter Skinner, S&D, Rapporteur European Financial Authority (Insurances) Sven Giegold, Greens-EFA, Rapporteur European Financial Supervisory […]

Reuters: EXCLUSIVE-Lawmakers‘ challenge could derail EU bank watchdogs

Veto over new authorities had been key to clinch deal Senior lawmaker says veto is get-out-of-jail-free card EU Parliament’s challenge expected within weeks By John O’Donnell BRUSSELS, Feb 1 (Reuters) – European Union parliamentarians are threatening to spoil plans to set up powerful banking watchdogs by challenging a deal hatched between British Chancellor Alistair Darling […]