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 […]
European Parliament approved Michaud as EBA executive director: Blow for gender balance in EU top financial positions
Today, July 8, the plenary of the European Parliament voted on Francois-Louis Michaud as a candidate for the position of Executive Director of the European Banking Authority (EBA). Michaud was approved with 343 votes in favour, 296 against and 56 abstentions. Greens voted against both on committee and plenary level, because the EBA had presented […]
European Parliament calls to attune competition policy to the European Green Deal
On June 18, the European Parliament adopted its annual own-initiative report on EU competition policy with a large cross-party majority of Christian Democrats, Socialists, Liberals, Greens and some right-wing conservatives, while the majority of the Left abstained. With this report, the European Parliament takes a stand on current developments in competition policy and calls for […]
Liberals and Greens call for comprehensive reform of EU audit rules
Dear friends, dear interested, In the face of the massive accounting scandal unfolding at German payments service provider Wirecard, Luis Garicano and I as liberal and green coordinators in the ECON committee have published a joint appeal for a reform of the EU rules on statutory audits. Please, see below for our joint statement. […]