Sven Giegold
Member of the European Parliament – Greens/EFA Group

Speaker of the German Green Delegation

Month: February 2021

An earthquake moment in the tax world: breakthrough for tax justice in Europe!

Dear friends, Today is truly a great day. For greater tax transparency, for our democracy and also for me personally. Because just now (Thursday, 25.02) the Ministers for Economic, Industrial and Research Policy in the EU have made a groundbreaking decision in the fight against tax avoidance of multinational companies. With a clear qualified majority, […]

An earthquake moment in the tax world: breakthrough for tax justice in Europe!

At the meeting of the Ministers for Economic, Industrial and Research Policy (COMPET) this afternoon (Thursday, 25 February), a landmark decision was taken in the fight against tax avoidance. With a broad and qualified majority, the COMPET adopted a proposal for public country-by-country reporting, despite a continued blockade by several Member States. The proposal of […]

Success at the GameStop hearing: European authorities will take a closer look at neo-brokers’ business models

Dear friends, dear interested, This is good news for all retail investors: Yesterday, on 24 February, Steven Maijoor, the chairman of the European securities supervisor ESMA, promised me that his authority will take a closer look at the business models of the so-called neo-brokers. Ugo Bassi, responsible director at the European Commission, also announced an […]

Public Hearing in the European Parliament on Cum-Ex/Cum-Cum, 24 February, 13:45

Dear friends and all those who are interested, On Wednesday, 24 February, the Subcommittee on Tax in the European Parliament will hold an open hearing to investigate the European response to the Cum-Ex/Cum-Cum scandal, following a Green initiative for renewed parliamentary scrutiny of this vast tax scam. Between 2002 and 2012, tax authorities in Europe […]

Despite ECB cap: Bonus payments by Deutsche Bank still too high

Bloomberg and the Financial Times report that Deutsche Bank’s bonus plans for 2020 had been downsized by the ECB, citing internal sources. Before, it had been expected that bonus payments at Germany’s largest lender could rise compared to the previous year. For 2019, Deutsche Bank had paid out around 1.5 billion euros to employees, despite […]