Finance

New Greens/EFA report shows urgent need for EU to close loopholes for tax evasion

Tax

A new report by the Greens/EFA group in the European Parliament shows that, despite progress in recent years on closing down opportunities for tax evasion, there are significant loopholes for citizens and multinationals to evade paying taxes where they are based.


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New powers urgently needed to tackle money laundering in EU

Money laundering

The European Parliament will debate, on an initiative of the Greens/EFA group, the risks of money laundering in the EU banking sector following on from major multi-billion euro scandals in large European banks. The ongoing case of Danske Bank in Denmark and Estonia, as well recent cases with ING in the Netherlands, Pilatus Bank in Malta and ABVL Bank in Latvia, show that the current enforcement of EU anti-money laundering rules are insufficient.


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Tax avoidance

Austria

Open for shady money

Tax loopholes, the sale of passports to dubious figures and inaction against money laundering makes Austria a safe haven for tax evaders, kleptocrats and corrupt cash according to a new report from the Greens/EFA group. The study "Austria - (still) open for shady money" released at the beginning of the Austrian Presidency of the EU shows that while Austria has made some progress on issues of financial secrecy in recent years, the country remains an attractive destination for dirty money.


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Tax avoidance

Quote from Molly Scott Cato

Luxembourg/Engie ruling

Greens/EFA tax and competition spokesperson Molly Scott Cato comments on the European Commission's decision that Luxembourg gave illegal tax benefits to Engie.


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©elijah-hail

Greens/EFA Debriefing

Plenary week, 11-14 June 2018

Greens/EFA priorities for the Strasbourg Plenary week included: Multiannual Financial Framework; Brexit; Iran nuclear deal; Netherlands PM Mark Rutte on the Future of Europe; Poland: independence of the judiciary; Renewable Energy Directive; Circular economy at the heart of cohesion policy; Tax justice: transparency of big companies; FIFA: Play Fair – Fight for the forgotten; Climate change photo exhibition.


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©Nuno Nogueira

European Commission cannot have carte blanche on foreign affairs priorities

EU foreign policy

The Greens/EFA group in the European Parliament has today expressed strong concerns about the European Commission's proposals to bundle multiple peace-building, defence and security policies under one budget line.


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The Greens/EFA Co-Presidents' briefing

12.06.2018

LIVE press conference 12 June 2018 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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We demand tax justice

Each year, big corporations dodge between €50 - €70 billion in the EU. But there's a solution! This week, EU governments can take the decision to demand real tax transparency and make multinationals publish data on where they generate their profits and where they pay tax.


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European Union

What's coming up in Parliament

Strasbourg Flash - Plenary session 11-14 June 2018

A look ahead to next week's session in the European Parliament in Strasbourg and the Greens/EFA priority issues on the agenda


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© Udo Weber

Greens/EFA Debriefing

Plenary week, 28-31 May 2018

Greens/EFA priorities for the Strasbourg Plenary week included: Commission proposals on plastics, sustainable finance, sustainable fishing, Multiannual Financial Framework and cohesion policy, trade dispute on steel and aluminium tariffs, debate with Luxemburgish Prime Minister, posting of workers, reform of the CAP, objections to the authorisation of two GMOs


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Greens/EFA welcome Commission back-track on partnership principle

MFF and Cohesion Policy

The European Commission has today presented its first sectoral proposals for the post 2020 Multiannual Financial Framework, starting with the European Regional Development Fund, Cohesion Fund and Common Provisions Regulation.


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Parliament backs Greens/EFA plans on sustainable finance

Sustainable Finance

The European Parliament has today voted in favour today of an initiative report from Greens/EFA MEP Molly Scott Cato, setting out the parliament’s position on Sustainable Finance. The Greens/EFA group has successfully steered the parliament's position on the sustainability transition to include support for plans to extend the concept of stranded assets to include fundamental ecological systems and services such as unsustainable agriculture. The European Commission published its proposals on Sustainable Finance on 24 May.


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