Today, on 8 July 2021, the European Central Bank (ECB) presented the outcome of its Strategy Review. Over 18 months, the ECB had reviewed all elements of its monetary policy, trying to take into account the views of a broad range of stakeholders. The final decision was taken by the Governing Council yesterday. Initially, the […]
The EU is getting an Anti-Money Laundering Authority! EU Commission plans big move with new legislative package
After numerous major money laundering scandals, now comes the EU proposal for a joint fight against money laundering throughout Europe, including an Anti-Money Laundering Authority! We have received internal documents from the European Commission on its planned legislative package against money laundering and terrorist financing. According to these documents, the legislative package comprises four proposals: […]
Hungary/Von der Leyen: Move from talk to action! The attacks on the rule of law must not remain without consequences
EU Commission President Ursula von der Leyen today (Wednesday, 7.7.2021) sharply criticised the repeated attacks on the rule of law in Hungary in the session of the European Parliament. Sven Giegold, spokesperson for the German Greens in the European Parliament, said: “It is good that von der Leyen wants to take action against the dismantling […]
New chances, old risks: The way forward for Sustainable Finance in Europe
Today, 6 July 2021, the EU Commission has presented its Renewed Sustainable Finance Strategy. Both Finance Commissioner Mairead McGuinness and her predecessor Valdis Dombrovskis had committed to us Greens in their inaugural hearings in the European Parliament to present a new strategy paper on Sustainable Finance. The Commission is continuing the European Sustainable Finance Agenda, […]