Yesterday, 17 June 2021, the meeting of the Eurogroup in inclusive format ended without any decisions on strengthening the Banking Union (including the common European Deposit Insurance Scheme EDIS). At the Euro Summit in December 2020, the heads of state and government had called for preparing “a stepwise and time-bound work plan on all outstanding […]
New rules for Bitcoin & Co: My proposals for the EU crypto regulation
Dear friends, dear interested, Europe is finally moving forward with the regulation of crypto-assets. This is to introduce binding rules for existing cryptocurrencies such as Bitcoin and Ethereum and to create a framework for innovative financial services based on blockchain. After the EU Commission presented a legislative proposal for Markets in Crypto-Assets (MiCA) last autumn, […]
Inflation definition of the ECB: Exploding housing costs can no longer be ignored
Dear friends, dear interested, Lately, rents and residential real estate prices in most areas have known only one direction: steeply upwards. But while citizens groan under the exploding costs, officials at the ECB have paradoxically been complaining about too low rates of inflation for a long time. This is in part because housing costs have […]
Open letter for credible Sustainable Finance rules: Public pressure has to increase further
Dear friends, dear signatories, To date, almost 1000 people have signed our call to the European Commission for credible Sustainable Finance rules, including over 250 industry experts. This sends a strong signal to the Commission that it is risking to fundamentally damage the important European Sustainable Finance project. Today we officially sent the open letter […]
Greens call on the European Commission to not put the credibility of the Sustainable Finance rules at risk
Yesterday, 24 March 2021, Bas Eickhout, co-rapporteur of the Taxonomy Regulation and Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group have sent a letter to European Commission President Ursula von der Leyen, Vice-President Valdis Dombrovskis, Vice-President Frans Timmermanns and Finance Commissioner Mairead McGuinness. They call on the Commission to refrain from any […]
Hearing at the European Parliament: Lessons from the Wirecard case – Tue, 23 March, 13h45 – 15h45
Dear friends, dear interested, On my initiative, the European Parliament’s Committee for Economic and Monetary Affairs, jointly with the Committee for Legal Affairs, will hold a hearing on lessons from the Wirecard case tomorrow, 23 March. I am particularly happy that our invitation was accepted by journalist Dan McCrum of the Financial Times whose stubborn […]