Economy

A comprehensive economic and social transformation that enables our societies to deliver prosperity, and well-being, within the physical limits of our planet.

Frankfurt Skyline Bank District
Epizentrum, CC BY-SA 3.0

EU fails to regulate the shadow banking sector

Money Market Funds

The European Parliament has adopted the draft European regulation on money market funds, as agreed in the inter-institutional negotiations. The Greens/EFA group voted against the proposal, citing inadequate supervision of these funds, which operate as shadow banks.


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Budget
Budget © nobiggie

No additional funds despite fresh commitments and ongoing crises

EU budget: MFF revision

The European Parliament has approved the Midterm revision of the Multiannual Financial Framework 2014-2020. The revision is a poor deal for the parliament, says Greens/EFA member of the European Parliament’s Budget committee Indrek Tarand.


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notebook©alejandro-escamilla
©alejandro-escamilla

The Greens/EFA Co-Presidents' briefing

04.04.2017

LIVE press conference 4 April 2017 10:30-10:50

Greens/EFA co-presidents Ska Keller and Philippe Lamberts present the key issues of the plenary session and of the European agenda for the Greens/EFA group


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One-year anniversary of the Panama Papers scandal

Have we seen a revolution yet?

One year ago today, over 100 investigative journalists working together from 80 countries, published the biggest leak in history, the Panama Papers. The release of 11.5 million documents and thousands of press articles allowed the world to understand the global scandal of tax evasion and money laundering.


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Mailboxes

Panama Papers

One year on, Member States need to stop blocking tax reforms

Today marks the one year anniversary of the publication of the Panama Papers by the International Consortium of Investigative Journalists (ICIJ). It is time for EU Member States to stop blocking progress on tackling tax evasion and money laundering


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European Union energy efficiency rating

Pace of progress will be too slow

Energy Labelling

Negotiations between the European Parliament, Commission and Council on the revision of EU energy labelling rules have come to a close. The Greens/EFA group welcomes a decision that will see consumers benefit from simplified energy labelling, but regrets the lengthy transition for so many products.


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Money Laundering
Images_of_Money | CC BY 2.0

Latest scandal shows need for changes to money-laundering directive

Money laundering of Russian funds by European banks

Reports that EU banks have laundered hundreds of millions of Russian money show just how important the revision of the money-laundering directive is, says Judith Sargentini.


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sunflower©antonio-grosz
©antonio-grosz

Greens/EFA Round up

Debriefing of the Strasbourg plenary week 13-16 March 2017

Greens/EFA priorities for the Strasbourg Plenary included: Mercury rules; Gender equality: still a long way to go on equality; Arctic policy; Animal welfare; Firearms control; LuxLeaks appeal verdict; Official controls in the food chain; Shareholders' rights; Conclusions of the European Council/Rome Declaration; Conflict minerals; Fishing sector data collection.


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Conflict Minerals- Luwowo Coltan mine near Rubaya
© MONUSCO | Sylvain Liechti

Huge step forward against financing of conflict

Conflict minerals

The European Parliament has approved new legislation aimed at tackling the problem of conflict minerals by ensuring companies source responsibly. For the first time in Europe, firms involved in the extraction and trade of minerals will be legally obliged to check their supply chain to ensure there are no links to armed conflicts or human rights abuse.


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Lux Leaks Angry Group

Convictions show the need for urgent EU protection of whistleblowers

LuxLeaks trial

The verdict of the LuxLeaks trial shows just how urgently we need a directive offering a minimum level of protection at the European level to guarantee the rights of whistleblowers, across all sectors.


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Lux Leaks Demonstration
Mélanie Poulain (CC BY 2.0)

Will the European Commission give the Parliament more powers to deliver tax justice?

A look at the LuxLeaks tax debate

The European Parliament held a debate to look at the work that’s been done so far in response to the LuxLeaks scandal. The debate, which came on the back of a request from the Greens/EFA group, was quite revealing about where Europe stands in its fight for tax justice.


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©Jainav 46

Revised legislation will improve long-term performance

Shareholder Rights Directive

The European Parliament has given its approval to the revised directive on shareholders' rights. This will strengthen both the long-term commitment of shareholders in listed companies and the link between directors' pay and long-term performance.


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