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    Press release |

    New EU blacklist successful tool to combat money laundering

    The European Commission has unveiled its 'blacklist' of 23 jurisdictions where there is a significant risk of money laundering. The list contains 'third country' jurisdictions and includes places such as the Bahamas, the US Virgin Islands, Panama and Saudi Arabia. The list will require all traders in the EU doing business in goods or s…
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    Press release |

    Transparency International Corruption Index

    Transparency International released their annual Corruption Perceptions Index, which showed that among others Hungary has slid in score considerably over the five years. Malta, Romania and Bulgaria have all slipped significantly in TI's rankings in the last year.
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    © luke-stackpoole-unsplash
    London
    Event |

    Brexit and the future of tax havens

    The conference will address the UK’s role in financial secrecy services and the tools that the EU should mobilise to prevent the UK from evolving towards a tax haven on the EU’s doorstep. It will also assess the tax reforms that have been adopted in recent years at EU level and make recommendations to address the remaining loopholes in or…
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    Jigsaw and money © alexsl
    Jigsaw and money
    Press release |

    Vast differences in corporate tax rates across EU shows urgent need for transparency – new report

    Today, a new report by the Greens/EFA group in the European Parliament shows the privileges given to multinationals through low corporate tax rates across Europe. The report 'Effective Tax Rates of Multinational Enterprises in the EU' quantifies the difference between nominal and effective tax rates for multinationals in the EU. Effective…
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    Camilo Rueda López (CC BY-ND 2.0)
    VAT receipts
    Press release |

    European Parliament supports greater cross-border cooperation between tax authorities

    The European Parliament has voted with a broad pro-European majority in favour of the Fiscalis programme for improving cross-border cooperation between tax authorities, which is part of the Multi-Financial-Framework (MFF) programmes currently being negotiated between the Parliament, Council and Commission.
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    (C) Lars Aronsson
    euro-symbol
    Press release |

    Reforms too little to avert the next crisis

    Eurozone finance ministers have emerged from an overnight meeting with proposals for reforms of the single currency. The proposals agreed to include a Eurozone budget. However, these reforms do not go far enough to prevent the next crisis, according to the Greens/EFA group in the European Parliament.
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    ©Jainav 46
    Press release |

    European Parliament condemns 'Cum Ex' tax fraud and demands EU-wide investigation

    “The perpetrators behind these schemes must be brought to justice and complicit banks must be held to account for facilitating these crimes. The silence and inaction of the Member States and their Finance Ministers is shocking", commented Sven Giegold, Greens/EFA spokesperson on economics and finance.
    array(7) { ["url"]=> string(67) "files/assets/imgs/list/financial_operations____andrey_prokhorov.jpg" ["title"]=> string(40) "Financial operations © Andrey Prokhorov" ["copyright"]=> string(0) "" ["updated_at"]=> int(1543318549) ["file_name"]=> string(36) "e0783f96eb8897413539b0fa1520e09d.jpg" ["urls"]=> array(4) { ["jumbo"]=> string(51) "https://extranet.greens-efa.eu/api/image/7954/jumbo" ["list"]=> string(50) "https://extranet.greens-efa.eu/api/image/7954/list" ["photo"]=> string(51) "https://extranet.greens-efa.eu/api/image/7954/photo" ["portrait"]=> string(54) "https://extranet.greens-efa.eu/api/image/7954/portrait" } ["alt"]=> string(40) "Financial operations © Andrey Prokhorov" } Financial operations © Andrey Prokhorov
    Press release |

    MEPs reject tougher fiscal rules that would ensure more austerity

    The Committee on Economic and Monetary Affairs in the European Parliament has rejected a report from the European Commission that would help enshrine austerity policies into law.
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    Press release |

    New Greens/EFA report shows urgent need for EU to close loopholes for tax evasion

    A new report by the Greens/EFA group in the European Parliament shows that, despite progress in recent years on closing down opportunities for tax evasion, there are significant loopholes for citizens and multinationals to evade paying taxes where they are based.
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    Press release |

    New powers urgently needed to tackle money laundering in EU

    The European Parliament will debate, on an initiative of the Greens/EFA group, the risks of money laundering in the EU banking sector following on from major multi-billion euro scandals in large European banks. The ongoing case of Danske Bank in Denmark and Estonia, as well recent cases with ING in the Netherlands, Pilatus Bank in Malta a…