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Press release |

Tough criminal provisions needed for fraudsters

The European Parliament's committee on Economic and Monetary Affairs (ECON) has voted in favour of a report from Greens/EFA MEP Eva Joly on "Countering money laundering by criminal law". This proposal for a directive aims at strengthening and harmonising the definitions and penalties f...
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Press release |

New leak shows urgent need for action

Molly Scott Cato, Green MEP and member of the European Parliament’s Panama Papers committee, comments on the latest big tax leak, the Paradise Papers.
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Press release |

European Parliament sets out powerful agenda for defeating money laundering and tax dodging

"We now have a powerful set of proposals to tackle the illegal and corrupt financial flows unearthed by the Panama Papers," says Molly Scott Cato.
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CC 0
EU briefcase
Press release |

Schäuble leaves behind poisonous farewell present

Schäuble's paper continues to breathe the spirit of austerity policy. Although structural reforms are necessary in the countries in crisis, saving alone will not get the economy back on its feet. Schäuble ignores the fact that the differences within the eurozone are also the result of the policies of the richer countries of the North.
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Justice
Justice
Press release |

Independent EU body promises common approach to fight fraud

The European Parliament voted with a large majority in favour of establishing a European Public Prosecutor’s Office. The new EU public prosecutor will be an independent body with the power to investigate and prosecute fraud in the EU, particularly VAT fraud.
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©sergey-zolkin
sunflower©sergey-zolkin
News |

Greens/EFA Round up

Greens/EFA priorities for the Strasbourg Plenary included: Longer lifetimes for products would benefit consumers and business; Country by country reporting will help deliver tax justice; Endocrine Disrupters definition not fit for purpose; “PIF” directive will help Union in the fight against fraud; New parliamentary committee on terrorism…
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Camilo Rueda López (CC BY-ND 2.0)
VAT receipts
Press release |

MEPs back measures to fight VAT crime

The European Parliament has backed the directive on the protection of the financial interests of the EU (or "PIF Directive"). This will reform the collection of VAT for cross-border businesses and will make consistent EU-wide rules on VAT fraud.
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(CC BY-SA 2.0) Dave Dugdale
Tax report
Press release |

Country-by-country reporting is a major win for tax justice

The European Parliament has today backed proposals for country-by-country reporting of financial information, a major tool in the fight for tax justice. Country-by-country reporting would require large multinationals operating within the EU to publish financial information for all territories in which they operate, including those outside…
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Petar Milošević (CC BY-SA 4.0)
Banca Monte dei Paschi di Siena
Press release |

Blatant disregard for the banking union rules

"The European Commission has again shown blatant disregard for the rules of the European Banking Union. There is no legal justification for further banking subsidies from the European Commission, only a clearly political one," says Sven Giegold.
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Press release |

Circumvention of EU Law sets a dangerous precedent

"This is an outrageous circumvention of the rules of the European Banking Union," says Sven Giegold.