Finance

A wake-up call for common fiscal policy in the eurozone

German Constitutional Court ruling/ECB

The German Constitutional Court declared the decisions of the European Central Bank on the Public Sector Purchase Programme to be contrary to its powers. The lesson to be learnt from this judgment must be that the governments of the eurozone must come back to terms with reality. A common fiscal policy will ease the burden on monetary policy.

Majority of EU leaders keep kicking the can down the road

European Council

We need a big effort to tackle the economic and financial crisis with solidarity and a recovery package, including increasing the European budget, setting up a vast recovery fund and sharing responsibility within the European Union. As a package, all measures can achieve European financial and economic recovery.

The GREENS/EFA Financial Recovery Plan

Ahead of the final stage of the negotiations on the forthcoming long-term EU budget, we would like to present our proposal for an EU plan to tackle the COVID-19 outbreak from a budgetary point of view. This paper complements the Greens/EFA group’s proposal for a EU coronavirus fund.

Ministers agree on fiscal measures to combat COVID-19 crisis, now EU leaders must decide on Corona bonds

Eurogroup/Corona crisis

Last night, European finance ministers reached an agreement on the COVID-19 crisis to utilise the European Stability Mechanism (ESM) to finance support for the domestic financing of costs related to healthcare, cure and prevention costs for the Coronavirus. The Eurogroup meeting also agreed to the Commission's SURE proposal for unemployment due to the crisis and the European Investment Bank pan-European guarantee plan.

Greens/EFA call for corona bonds in response to the crisis

Eurogroup/Corona crisis

Ahead of tomorrow's Eurogroup meeting of eurozone Finance Ministers, Greens/EFA Members of the Economic and Monetary Affairs Committee in the European Parliament are calling for European solidarity and corona bonds issued by an EU fund in a new paper in response to the corona crisis

The Greens/EFA’s proposal for an EU coronavirus fund

Ahead of the Eurogroup meeting on 7th of April 2020, the Greens/EFA Group in the European Parliament unveils a proposal for an EU coronavirus fund to tackle the economic consequences of the COVID-19 outbreak. Europe is in a critical situation and we need European solidarity now more than ever.

Now Europe, now Eurobonds

In the last days, we have witnessed an inexplicable European paralysis to address the COVID-19 crisis. It has taken too long to see patients crossing borders to be treated in neighbouring countries, or material circulating from one country to another. Fortunately, it seems that solidarity within Europe is growing every day, and we are finally reacting on the health-care front.

European Council summit

Quote from Ska Keller MEP

Following last night's video conference meeting of EU leaders, President of the Greens/EFA group in the European Parliament, Ska Keller MEP, comments: "Despite being in the midst of an unprecedented public health emergency, it's shameful that European governments were unable to agree...

EUCO: Letter to the European Council on Eurobonds & ESM

Ahead of today's European Council summit, the Greens/EFA Members of the Economic and Monetary Affairs Committee are calling for economic measures, based on solidarity to tackle the COVID-19 crisis, in a letter to the European leaders.   Sven Giegold MEP, financial and economic...

Tax haven blacklist exposes double standards of EU governments

Quote from Sven Giegold MEP

The European Union's Ministers of Economy and Finance presented the updated list of tax havens, to include also Panama, the Seychelles, the Cayman Islands and Palau, because they do not meet at least one of the European Union's tax good governance criteria

A look on the plenary week

Greens/EFA priorities - session 10-13 February 2020

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

A Greens/EFA take on the plenary week

13-17 January 2020

Greens/EFA priorities for the plenary week included the European Green Deal, the Sustainable Investment Plan, Just Transition Fund, Roadmap on Social Europe, the Council hearings on the rule of Law in Hungary and Poland, Czech PM Andrej Babiš' conflicts of interest, Convention on biodiversity, ...