Sven Giegold

Month: May 2020

A good day: European Parliament in favour of strong and solidary Corona recovery fund

Dear friends, Dear interested, Today, the European Parliament adopted a truly remarkable and important resolution on the next multiannual EU budget and a Corona recovery fund with a cross-party majority of pro-Europeans. This is good news for Europe. With the deep crisis hitting some countries, such as Italy and Spain, particularly hard, we now need […]

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NEW DATE: Europe Calling “Lobby attack on climate protection – How lobbyism exploits the corona crisis” – Thu, 14th May – 8 p.m. CEST

Recording below / Translation here By loading the video, you accept YouTube’s privacy policy.Learn more Load video Always unlock YouTuben   +++ New date due to technical cancellation +++ Dear friends, dear interested,   In the last few weeks, the voices of those who want to exploit the Corona Crisis in order to roll back […]

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EU Ombudswoman’s assessment of Farkas case: EBA’s stubborn response lacks respect

Yesterday, the European Ombudswoman published her decision on former EBA executive Farkas’ move to the finance lobby. She concluded maladministration, stating that banning this would have been the necessary and proportionate measure. In an official response to the Financial Times, the EBA said they would take on board the recommendations by the Ombudswoman. At the […]

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Cum-ex report: EBA lacks key answers. European dimension of cum-ex remains unresolved

Yesterday the European Banking Authority (EBA) presented its report on cum-ex and other dividend arbitrage transactions. This report is the EBA’s response after 18 months of a mandate from the European Parliament in the form of a resolution in November 2018 to review actors, the magnitude of the schemes and possible national and European breaches […]

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European Ombudswoman condemns change of former EBA executive director Farkas to finance lobby

Dear friends, dear interested, Dear media representatives, The European Ombudswoman today published her recommendation on Adam Farkas’ move from the European Banking Authority (EBA) to the financial lobby. Emily O’Reilly, the Ombudswoman, who is responsible for ethical issues in the EU institutions, comes to a crystal clear conclusion: this move to the investment banking lobby […]

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Letter to Ursula von der Leyen on Europe Day: EU Commission considering of infringement proceedings against Germany

Dear interested,   On the occasion of Europe Day with the 70th anniversary of the Schuman Declaration I wrote to the President of the Commission, Ursula von der Leyen. Over the last eleven years I have helped to shape the monetary union and the EU’s financial market policy. I was involved in the creation of […]

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