Commenting on the late night agreement between EU finance ministers on draft new legislation introducing a supervisory system for European banks, Green finance spokesperson Sven Giegold, who is draftsperson/rapporteur for the EP on the European Banking Authority supervision file, stated: “Last night’s agreement brings a welcome end to months of discord among EU finance ministers […]

The European Commission today presented an action plan for dealing with tax evasion and fraud in Europe. The Greens have long called for greater action to address the problem of tax avoidance in Europeand welcomed the Commission’s initiative, which was a response to a Green initiated EP demand. However, the group expressed regret that the […]

The European Parliament’s economic and monetary affairs committee today voted on two new EU legislative proposals providing for a supervisory system for European banks. Following the vote, Green finance spokesperson Sven Giegold, who is draftsperson/rapporteur for the EP on the European Banking Authority supervision file, stated: “Today’s vote moves us closer to the urgently-needed European […]

Eurozone finance ministers yesterday evening belatedly agreed to the release of bail out funds for Greece. Commenting on the announcement, Greens/EFA co-presidents Rebecca Harms and Dany Cohn-Bendit stated: “While it is to be welcomed that Euro finance ministers have finally signed off on the release of the latest tranche of bailout funds for Greece, the […]

“Best solution would be to create a new institution” Interview with MEP Sven Giegold (Greens-EFA, Germany) By Manon Malhère The European Central Bank (ECB) should ensure control over the EU single supervisory mechanism (SSM) for a short time only, MEP Sven Giegold (Greens-EFA, Germany) told Europolitics, stressing that “the best solution would be to create […]