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    Press release |

    Financial regulation

    Today the European Commission proposed new rules on Payment Services for the benefit of consumers and retailers. The package contains a reformed Payment Services Directive ("PSD2") and a proposal for regulation on interchange fees for card-based payment transactions. Fees on debit card pay...
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    Press release |

    Single resolution mechanism

    EU Commissioner Michel Barnier today presented his proposals for a European Single Resolution Mechanism (SRM) and a European resolution fund. The fund will be capitalised by financial institutions. The German government has repeatedly raised doubts concerning the legality of this EU mechanism. The G...
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    News |

    Greens/EFA Round-up

    Greens/EFA priorities for the Strasbourg Plenary include export credit agencies, EU budget 2014-2020, Hungary, reforming the EU's anti-fraud body, reforming the structure of the banking sector, regulating investment funds (UCITS), implementing the Financial Transaction Tax, emissions Trading System, US and UK government surveillance of EU…
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    Video |

    Investment in transferable securities

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    Press release |

    Investment fund rules (UCITS)

    The European Parliament today voted to revise draft EU legislation on investment funds (the UCITS directive), a sector that is valued at almost €6.3 trillion. The legislation, which is being shepherded through the European Parliament by Green draftsperson/rapporteur Sven Giegold, also included pro...
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    Press release |

    Financial transaction tax

    The European Parliament today adopted by a large majority a report on the financial transaction tax (FTT). This vote confirms the Parliament's support for the decision of 11 Member States to use enhanced cooperation to introduce a FTT and proposes a basic structure that imposes strict limits on the ...
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    Press release |

    Banking reform

    The European Parliament today adopted a report on structural reform of the EU's banking sector. Although the report contains a number of weaknesses, it decisively calls on the Commission to produce legislation aimed at reforming the structure of the EU banking sector. The Commission will be submitti...
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    Event |

    ERT

    The Greens/EFA Group organises a hearing about the situation of the public television sector in times of crisis and about possible ways of reforming the ERT in Greece
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    News |

    Strasbourg Flash

    Greens/EFA priorities for the Strasbourg Plenary include - Export credit agencies, EU budget 2014-2020, Hungary, Reforming the EU's anti-fraud body, Reforming the structure of the banking sector, Regulating investment funds (UCITS), Implementing the Financial Transaction Tax, Emissions Trading System: stopping the rot, US and UK governmen…
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    Press release |

    Resolution of failing banks

    After several months of discussions, the Council agreed this morning on its general approach on the Banking Recovery and Resolution Directive, opening the way to negotiations with the European parliament, which had adopted its own position in May. The objective is to reach a final agreement by the e...