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    European Union
    Hemicycle European Parliament Strasbourg
    News |

    Plenary Flash 18-21 October 2021

    During this plenary session, the European Parliament will debate the rule of law situation and abortion ban in Poland, the Farm to Fork strategy, the UN Climate Conference (COP26), global tax deal and Pandora Papers, the 2022 EU budget, Frontex, ...
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    Credit : Andres Oliveira - Dreamstime
    Picture with money and growing plants
    Study |

    Nature as an asset class: the new EU financial market on biodiversity destruction

    This report by Frédéric Hache aims to explain the concept of ‘natural capital’ as a new framing of nature in which it is considered as a list of services benefiting humans. It also explains what biodiversity offset markets are, how they were developed and how they could look in the European context. Finally, it explores alternatives to th…
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    pay your tax written on window ©the-new-york-public-library
    pay your tax_the-new-york-public-library
    Letter |

    OECD minimum corporate tax rate negotiations

    Ahead of the Plenary meeting of the OECD Inclusive Framework where countries are expected to agree on a final tax deal to impose a minimum effective tax rate on the largest multinationals, the Greens/EFA Group urges the countries around the table to not bend to the pressure of tax havens and raise the bar of the final agreement. A strong…
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    Press release |

    EU finance ministers ignore Pandora Papers

    EU finance ministers agreed on an updated EU list of tax havens. Despite the latest Pandora Papers revelations, the list has been shortened with Anguilla, Dominica and the Seychelles having been removed from the list. The Greens/EFA Group successfully secured a plenary debate on the Pandora Papers on October 6. The following day, MEPs wil…
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    Press release |

    Pandora Papers show urgent need for more action on tax evasion and money laundering

    New revelations, known as the Pandora Papers, were released by the International Consortium for Investigative Journalists (ICIJ) and partners which reveal apparent tax evasion and money laundering by the global elite. The investigations show that tax evasion and financial crime continue on a vast scale through letterbox companies and trus…
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    Press release |

    Parliament report shows Member States must raise the bar on tax cooperation in Europe

    Members of the European Parliament voted on a report from Greens/EFA MEP Sven Giegold that assesses the implementation of EU rules regarding the exchange of tax information between Member States. It is the first implementation report the European Parliament has ever put forward in the area of economic and monetary policy. The European “Di…
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    Press release |

    LuxLetters show Luxembourg tried to bypass exchange of information implemented after LuxLeaks - quote from Sven Giegold MEP

    New revelations from an international investigation reveals secret tax practices in Luxembourg that could be in breach of EU tax transparency rules. The "LuxLetters" show the existence of a system of 'information letters' between the authorities in Luxembourg and multinational companies designed to gather information on permissible tax pr…
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    Budget © nobiggie
    Budget
    Press release |

    EU Budget: Lack of transparency around agricultural spending & conflicts of interest damage confidence in EU decision making

    This week, MEPs are voting on 52 separate 'discharge reports' on the various EU institutions and agencies for 2019. The Discharge procedure is a chance to examine EU spending and verify whether the EU budget has been used efficiently and legally. The votes on the Discharge reports come days after the Commission released its long awaited a…
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    Palauenc05 (CC BY-SA 3.0)
    European Investment Bank
    Press release |

    Parliament votes set out steps for EIB to become EU Climate Bank

    The European Parliament has made clear its demands on the level of ambition that the Bank would have to reach to become the European Climate Bank. The European Investment Bank has set climate ambitious targets for itself, but it’s time for words to be followed by actions.
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    News |

    Plenary session debriefing

    Greens/EFA priorities for the plenary week included the programme of the German Presidency, prevention of money laundering and terrorist financing, EU Hydrogen Strategy, chemicals strategy for sustainability, boosting Roma inclusion process in Europe, state of play Rule of Law in Member States,...