The British House of Commons has passed a bill to end the free movement of European workers. Sven Giegold, spokesman for Bündnis 90/Die Grünen in the European Parliament, explains: “The decision against the free movement of workers comes at a bad moment. Brexit acts as an additional brake pad in the corona crisis. If the […]
A good day: European Parliament in favour of strong and solidary Corona recovery fund
Dear friends, Dear interested, Today, the European Parliament adopted a truly remarkable and important resolution on the next multiannual EU budget and a Corona recovery fund with a cross-party majority of pro-Europeans. This is good news for Europe. With the deep crisis hitting some countries, such as Italy and Spain, particularly hard, we now need […]
EU Ombudswoman’s assessment of Farkas case: EBA’s stubborn response lacks respect
Yesterday, the European Ombudswoman published her decision on former EBA executive Farkas’ move to the finance lobby. She concluded maladministration, stating that banning this would have been the necessary and proportionate measure. In an official response to the Financial Times, the EBA said they would take on board the recommendations by the Ombudswoman. At the […]
European Green Deal: Lobbyists try to water down a sustainable way out of the Corona crisis
Dear friends, dear interested, In order to come out of the Corona crisis economically stronger and to protect ourselves from similar catastrophes in the future, we have to act more sustainably (and more European). The economic recovery after Corona must take place on the basis of massive investments in future-proof, safe technologies. As recently as […]
TODAY: ECON-LIBE meeting on money laundering blacklist: invitation to webstream
Dear correspondents, For the first time since the restrictions imposed due to the Corona crisis, a working session of the European Parliament’s Economic and Monetary Committee will be held today from 14 to 15h (CEST) by video conference. The Committee on Civil Liberties, Justice and Home Affairs will take part in the meeting. The EU […]
Letter to ESMA and EIOPA regarding use of past performance in draft RTS on PRIIPs KID
Dear experts, Dear journalists, I recently learned that ESMA and EIOPA will soon publish their draft RTS for the PRIIPS KID. In this draft they seem to intend proposing two historical scenarios instead of future performance scenarios, as required by the legal text. In order to underline that this would run counter to the co-legislators’ […]