Yesterday, the euro finance ministers met for a video conference to take fiscal policy decisions to tackle the corona crisis. On the agenda were precautionary ESM credit lines for badly hit euro countries, additional liquidity support for companies by the European Investment Bank (EIB), a proposal from the EU Commission for a temporary European unemployment […]
Joint German-Italian appeal: European solidarity now!
Sign our call here: www.weareinthistogether.eu Dear friends, We are witnessing a decisive moment for Europe. The solidarity of the European community is being tested. The Corona crisis was not the fault of any country alone. European solidarity is the order of the day. The pandemic affects us as Europeans together, and we must therefore tackle […]
ECON-Coordinators and Chair call for new ESM instrument for euro countries hit by corona crisis
Today a pro-European majority of the coordinators of the European Parliament’s Economic and Monetary Affairs Committee, together with the committee chairwoman, issued a press release on the European response to the economic crisis triggered by the coronavirus. MEPs call for stronger measures at European level than those agreed by euro finance ministers on Monday. In […]
Classification of sustainable investments: Expert group confirms exclusion of nuclear power
Today the EU Commission’s technical expert group (TEG) on Sustainable Finance published its final report on the classification of sustainable investments (taxonomy). The TEG confirms the exclusion of nuclear power from sustainable financial products on the basis of so-called ‘do-no-harm’ requirements. These are designed to ensure that an activity that contributes to one sustainability objective […]
European Green Deal: German government lobbying for automobile industry
Dear friends, dear interested, The European Green Deal is not even three months old, but the German government is already trying to water down the high ambitions. In the Green Deal, the European Commission announced it will adapt all climate-related laws to the goal of climate neutrality as quickly as possible. In addition to laws […]
Adam Farkas moves to banking lobby: EU Parliament wants to stop revolving door between EU authorities and lobby associations
Today, the plenary of the European Parliament debated and voted on a resolution on “institutions and bodies of the Economic and Monetary Union: preventing post-public employment conflicts of interest”. The resolution had already been adopted unanimously by the European Parliament’s Economic and Monetary Affairs Committee. The resolution is the European Parliament’s reaction to the appointment […]