Sven Giegold

Month: July 2020

European Parliament calls for tough examination of the Wirecard scandal and the failure of German supervisor BaFin

The Legal Affairs Committee and the Economic and Monetary Affairs Committee of the European Parliament have sent a joint letter to the EU Commission on Wirecard and European auditing rules. The letter was prepared by the coordinators of both committees. The EU-Commission is asked to closely examine the events surrounding the Wirecard bankruptcy, assess the […]

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SAVE THE DATE: European chemical industry: Transformation for people and planet

Online event – 1 September 2020 – 10:00am to 12:30pm Register here. Dear friends, dear interested, As part of the European Green Deal, the European Commission will present its Chemicals Strategy for Sustainability. Ahead of the publication, we would like to discuss with high-level policy-makers and stakeholders, how the European industry can start the ecological […]

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EU tax day: Defeat in Apple state aid case must be wakeup call for German Council presidency

Today, the General Court of the European Union annulled the Commission’s 2016 state aid decision concerning Apple in Ireland. The European Commission had previously concluded that tax breaks approved by Apple in Ireland and Apple’s European corporate structure had led to illegal state aid. The Commission decided that Apple should repay €13 billion plus interest […]

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Green European jobs: Five job openings for green group campaigners in different policy fields

Dear interested, dear colleagues, Do you want to work for Green change in Europe? Our Greens/EFA-Group in the European Parliament just opened five positions for group campaigners in different policy fields. We are looking forward to your applications! Please, forward this job offer to anyone interested. You find the respective vacancy notes here:  Two Rights […]

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The crazy labyrinth of European bank aid rules

Dear friends, dear interested, This chart is a must for everyone professional or interested in financial markets! When states in Europe rescue banks, there is no fixed template. Instead, there are countless ways to reach the questionable goal in the messy maze of European rules. In technical jargon, the various methods of bank rescue are […]

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Croatia and Bulgaria join the euro: Do not repeat past mistakes

Yesterday, July 10th, European finance ministers discussed Croatia’s and Bulgaria’s accession to monetary union as part of ECOFIN (Economic and Financial Affairs Council). It was decided that both countries meet the criteria to join Exchange Rate Mechanism II and the common banking supervision. Croatia and Bulgaria have been trying to join the euro area for […]

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