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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.
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©antonio-grosz
sunflower©antonio-grosz
News |

Greens/EFA Round up

Greens/EFA priorities for the Strasbourg Plenary included: Tax justice: Country by country reporting; Glyphosate renewal; Energy efficiency labelling; 2016 report on Kosovo; Effort sharing regulation and President Trump's decision to withdraw the US from the Paris agreement; Trump's decision to withdraw the US from the Paris agreement; Pa…
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HELEN M BUSHE (CC BY-NC-ND 2.0)
Malta
Press release |

Fair and thorough investigation urgently needed

MEPs have today held a debate on the Panama Papers and the rule of law in Malta in the presence of Maltese Prime Minister, Joseph Muscat. Prime Minister Muscat faces allegations that senior members of his government were involved in money laundering. Despite several senior officials being implicated...
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Epizentrum, CC BY-SA 3.0
Frankfurt Skyline Bank District
Press release |

New rules for finance industry sign of political amnesia

The European Parliament and Council of ministers agreed on new legislation designed to resuscitate the market for "securitisation" - one of the key causes of the financial crisis that began 10 years ago and that Europe has yet to fully recover from.
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Epizentrum | CC BY-SA 3.0
ECB Frankfurt
Press release |

Commission sets out options for Eurozone's future

The European Commission has today (31 May) released a reflection paper setting out options for the completion of a robust economic and monetary union. The proposal contains almost nothing on social and taxation issues, which leaves the EU lagging far behind French President Macron's proposals for social minimum standards, as well as a mi…
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EU Council CC BY-NC-ND 2.0
eurogroup meeting
Press release |

Eurogroup needs to follow through on commitments to Greece

"Greek people continue to suffer under largely harmful reforms and failure to agree on debt relief does nothing to improve the situation," says Greens/EFA MEP Sven Giegold.
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Images_of_Money | CC BY 2.0
Money Laundering
Press release |

European Parliament rejects Commission proposals for a second time

The European Parliament has today rejected for a second time a delegated act on third countries at high-risk of money laundering (1). The fourth Anti-Money Laundering Directive (AMLD), adopted in 2015, empowers the European Commission to identify high-risk third countries. The Commission now propose...