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Press release |

Financial transaction tax

The European Commission will today present legislative proposals for introducing a financial transaction tax (FTT) for an initial group of 11 EU member states (1). The Greens welcomed the basic architecture of the proposals and called on the member states to implement the FTT quickly and to ensure t...
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Press release |

EU budget summit

Commenting on the compromise reached by EU heads of state and government on the future EU budget or financial framework (2014-20) at today's European Council, Greens/EFA co-president Dany Cohn-Bendit stated: "EU leaders simply lack the will to work together to achieve more in Europe. In their v...
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Press release |

EU financial regulation

New rules aimed at tightening the provisions of EU legislation on derivatives (the EMIR regulation) were today given the go-ahead after a draft objection tabled by a group of MEPs failed to get sufficient support (1). The Greens welcomed the outcome, which will ensure the rules, aimed at reducing th...
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News |

Brussels Agenda

Greens/EFA priorities for the week include EU banking supervision rules, Modernising the railway market - new EU rules, Campaign against violence towards women - One Billion Rising, Data protection in the EU
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Press release |

Financial transaction tax

EU economic and finance ministers today approved proposals for the launch of an enhanced cooperation procedure, with a view to introducing a financial transaction tax for an initial group of 11 EU member states (1). The EU Commission is now expected to present proposals on the detail of this new tax...
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News |

Competition: Europe seeks the most dangerous financial product

During their establishment in 2011 the new European Supervisory Authorities (ESAs) in charge of the supervision of Banks (EBA), Financial Markets & Investment Funds (ESMA) and Insurance Institutions (EIOPA) were given the power to ban certain products from the markets. Some months ago, there was...
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Press release |

Eurogroup chairpersonship

Finance ministers from the 17 Euro member states are set to confirm Dutch finance minister Jeroen Dijsselbloem as the new chair of the Eurogroup - replacing Jean Claude Juncker - at today's Eurogroup meeting. Commenting on the decision, Green finance spokesperson Sven Giegold said: “Eurogroup fina...
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News |

Greens/EFA Round-up

Greens/EFA priorities for the Strasbourg plenary included tackling youth unemployment in Europe, biopiracy and indigenous genetic resources, regulating credit rating agencies, corruption and misuse of EU funds, the controversial economic agreement with southern Africa and working conditions in Asia and EU retailers
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Press release |

Credit rating agencies

The European Parliament today endorsed a final legislative agreement on new EU rules on credit rating agencies. The Greens believe the new rules represent another step forward for regulating this influential sector but regretted it was not possible to achieve more ambitious provisions to change the ...
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Press release |

Tax policy

The Greens/EFA group in the European Parliament today presented the new Irish EU presidency with a 'call to action' on EU taxation policy (1). Highlighting the current loopholes in EU legislation and deficiencies in EU tax policy, the European tax pact sets out concrete measures that need to be take...