Economy

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

globe on grass
globe on grass ©Guillaume de Germain

Deal reached on taxonomy will support sustainable investments

Quote from Bas Eickhout

A deal has been reached on a framework to facilitate sustainable investment. All financial products that make the claim that they contribute to environmental sustainability will have to prove this by disclosing the share of their investments into activities that are considered sustainable.


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Hemicycle European Parliament Strasbourg
European Union

What's coming up this week

Greens/EFA priorities - plenary session 16-19 December 2019

A look ahead to the plenary session in the European Parliament in Strasbourg and the Greens/EFA priority issues on the agenda


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Green investment
© Yury Kuzmin

Taxonomy deal not agreed today by Member States

Sustainable Finance

The same day the Commission came forward with the "European Green Deal", Member States have not passed the Taxonomy deal agreed last Thursday. Member States will have another opportunity to revisit the deal on Monday.


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A welcome and necessary step but now we need to see real action

European Green Deal

The Green Deal has serious shortcomings when it comes to agricultural funds and trade policy and these need to be addressed for a truly ambitious climate policy. The Green Deal needs clear and binding measures that limit global warming to 1.5c, herald the phase-out of fossil fuels, and protect biodiversity.


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5O housing solutions for the locked out in the EU
5O housing solutions for the locked out in the EU

50 Housing Solutions for the Locked Out

11.12.2019

Widespread cuts in housing prices and social budgets mean more and more people are "locked out" of the housing market. A collection of 50 innovative and daring examples of housing solutions for the locked out in the EU will be presented during this event.


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Reindustrialising-Europe
© Sigal Suhler Moran

Compromise on sustainable investment will boost greener economic activities

Taxonomy

The European Parliament, Council and Commission have reached a compromise on a framework to facilitate sustainable investment, known as 'taxonomy'. This will create an EU classification framework for identifying which economic activities are sustainable will be created.


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Commission audit finds conflict of interest with Czech PM's companies

Andrej Babiš

The leaked report clearly states Andrej Babiš controls the Agrofert group and that contracts awarded to his companies are in breach of Czech and EU law. The Commission audit has found that around €11 million will need to be returned as a result of Andrej Babiš' conflict of interest.


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files©samuel-zeller
©samuel-zeller

Greens/EFA request public access

Andrej Babiš audit report

In a letter to EU-Commissioner Johannes Hahn, Mikuláš Peksa, Greens/EFA Member of the Czech Pirates, on behalf of the Greens/EFA in the European Parliament calls to publish the European Commission´s audit report immediately regarding the investigation against Czech Prime Minister Andrej Babiš on conflict of interest.


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strasbourg building ep
© European Union 2015 - Source EP

Greens/EFA Debriefing

Plenary week, 25-28 November 2019

Greens/EFA priorities for the plenary week included the votes on climate emergency and the Climate Summit in Madrid (COP25), the new European Commission, the votes on the 2020 Budget, public country-by-country reporting, combatting gender-based violence, and an EP Mission to Malta following recent revelations around the murder of Daphne Caruana Galizia.


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Justus Lipsius EU Council
JLogan (CC BY-SA 3.0)

EU Ministers fail to agree corporate transparency measures

Quote from Ernest Urtasun MEP

EU Ministers failed to agree on Thursday 28 November, on proposals for greater corporate transparency. The proposals, which have been on the table for over three years, for public country-by-country reporting would ensure more transparency around the profits earned and taxes paid by large multinational companies.


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Daphne

European Parliament to send mission to Malta after the revelations around the murder of Daphne Caruana Galizia

Quote from Sven Giegold MEP

The priority of the Parliament mission must be to investigate all potential links to the Prime Minister who has protected and defended three ministers for so long. Malta must adhere to the rule of law and European values so that there can be justice for Daphne Caruana Galizia and her family.


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Office of the Prime Minister of Malta
Frank Vincentz (CC BY-SA 3.0)

Maltese Prime Minister's Chief of Staff Keith Schembri resigns

Quote from Sven Giegold MEP

Keith Schembri the Chief of Staff of the Maltese Prime Minister Joseph Muscat, has resigned following the arrest of businessman Yorgen Fenech last week in connection with the investigation into the murder of Daphne Caruana Galizia. Fenech owns the company 17 Black, which appeared in the 'Panama Papers' with connections to Schembri and Tourism Minister Konrad Mizzi.


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