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Press release |

Eurozone crisis

Commenting on the latest developments in the Eurozone crisis, Greens/EFA economic affairs spokesperson Sven Giegold MEP said: "EU leaders cannot pull the wool over the eyes of the markets, without an economically and politically credible crisis response mechanism, the Eurozone crisis will not b...
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Press release |

Eurozone summit

Eurozone heads of state and government, yesterday evening in Brussels, agreed on changes to the terms of loans provided to Eurozone countries and limited steps towards more flexibility for the European Financial Stability Fund (EFSF), subject to agreement by all Eurozone countries, and for private s...
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Press release |

New bank capital rules

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Publication |

Rescue for Greece

The Euro area is once again at the brink of abyss. The current existential threat requires a systemic response. A restructuring of Greek debt is a necessary step as part of a far reaching solution to the Euro crisis. Only a combination of measures for Greece can limit shock and bring Greece back on track.
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Press release |

VAT fraud

New research on VAT carousel fraud was presented in Brussels today. The research, which was commissioned by Green MEP and EP draftsman for an opinion report on the future of VAT Bart Staes, underlines the extent of VAT carousel frauds and points to readymade solutions, as well as the lack of politic...
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Sunflower
Sunflower
News |

Plenary Round-up

Priorities for the Greens this week include the banning of naked short selling and tougher rules on derivatives, the controversial passenger data agreements, the restriction or prohibition of GMO cultivation, the changes to Schengen, the security scanners in airports...
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Press release |

EU financial rules/ sovereign debt speculation

The European Parliament today adopted a report by Green draftsman Pascal Canfin, setting out its position on draft EU legislation aimed at regulating short selling and credit default swaps (CDS), including of sovereign debt (1). The report, adopted by a large majority of MEPs, significantly strength...
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Press release |

EU financial rules

The European Parliament today voted on EU legislation on over-the-counter derivative products. The Greens welcomed the vote, which would tighten the regulation and increase transparency of these opaque and risky products, which played a significant role in the financial crisis. After the vote, Green...
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Video |

Derivatives

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Press release |

Financial regulation

A new independent financial watchdog came into being today, with the founding general assembly of Finance Watch in Brussels. The initiative, which has had the support of Green MEPs, aims to create an independent counter-power in the field of financial regulation, and will be the first civil society ...