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

Speaker of the German Green Delegation
Until 15 December 2021

Month: September 2021

New ESMA chair: Verena Ross wants to make credit ratings climate-proof

Today, on 30 September 2021, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) confirmed Verena Ross as chairwoman of the European Securities and Markets Authority (ESMA) by a large majority in a vote by secret ballot. Only a week ago, the Council of Ministers had voted in favour of the candidate. This was […]

Council approves public Country-by-Country Reporting: new era of tax transparency

Just now, on September 28, the Council approved the outcome of negotiations between member states, the European Parliament and the European Commission on public country-by-country reporting (“trilogue outcome”). Sweden and Cyprus voted against, the Czech Republic, Ireland, Luxembourg and Malta abstained, which is generally seen as a rejection. They are now hinting at an appeal […]

Air quality: WHO recommends stricter limit values for air pollutants – EU needs to catch up

Dear friends, dear interested parties, today is a good day for clean air! The World Health Organization (WHO) presented its updated air quality recommendations today, September 22nd. This is good news for our health, because air pollution is the greatest environmental health risk in Europe! Today the WHO recommends significantly lowering the limit values ​​for […]

Shameful blockade is over: Council nominates Verena Ross for ESMA chair

The Council of Ministers today nominated Verena Ross as candidate for the chair of the European market supervisor ESMA. Previously, the German had already been Executive Director of the authority until May 2021. Today’s decision was preceded by a months-long blockade in the Council. The Italian government in particular pushed for the nomination of the […]

Solvency II: Insurance regulation continues to have more holes than Swiss cheese

Today, 22 September 2021, Finance Commissioner Mairead McGuinness presents her long-awaited proposals for a revision of the European insurance rules Solvency II. It is the biggest amendment to date of the framework, which came into force in the EU in 2016 after years of negotiations. The new proposal builds on comprehensive recommendations which the European […]

Tax Cooperation in the EU: Progress, lessons learned and obstacles to be overcome

On 16 September, the European Parliament adopted my report on cross-border cooperation between tax authorities in Europe. It is the first ever implementation report of the European Parliament in the area of economic and monetary policy. The conclusion: since the first directive in 2011, an increasing amount of tax-related data has been exchanged between Member […]