PRESS RELEASE – Brussels, 11 May 2010   EU Financial Supervision: Economic and Monetary Affairs committee supports stronger rules for financial markets Commenting on yesterday’s vote in the Economic and Monetary Affairs committee on a single European financial supervisor, Sven Giegold, rapporteur for the European Securities and Markets Authority (ESMA) said: “MEPs from virtually all […]

Published: 11 March 2010 An overwhelming majority of MEPs yesterday (10 March) pushed the EU executive to weigh up the costs and benefits of a possible tax on financial trading to compensate taxpayers for bank bailouts and plug public deficits. Background A tax on cross-border currency trading has been considered on many occasions by politicians […]

Veto over new authorities had been key to clinch deal Senior lawmaker says veto is get-out-of-jail-free card EU Parliament’s challenge expected within weeks By John O’Donnell BRUSSELS, Feb 1 (Reuters) – European Union parliamentarians are threatening to spoil plans to set up powerful banking watchdogs by challenging a deal hatched between British Chancellor Alistair Darling […]