A new investigative research by Al Jazeera reveals how high-ranking Cypriot politicians, lawyers and real estate companies are involved in the sale of EU passports to convicted non-EU citizens with criminal records. The revelations are part of the “Cyprus Papers” leak, which contains 1,400 documents. Cyprus has programmes for obtaining residence permits and citizenship through […]
Eurogroup / candidate for ECB executive board: European Parliament must insist on gender-balanced shortlist
Today, the Euro finance ministers in the Eurogroup agreed on a candidate to succeed Yves Mersch for the ECB executive board. The candidate is to be proposed tomorrow by the Council for Economic and Financial Affairs (ECOFIN) before being appointed by the European Council, following opinions from the European Parliament and the Governing Council of […]
Tax scandal around corona test manufacturer Qiagen: Public funding collected, taxes avoided
Today, the Dutch non-governmental organisation SOMO published a report on aggressive tax avoidance methods of the biotech company Qiagen. Qiagen is one of the leading manufacturers of coronavirus tests and has made high profits during the pandemic. Qiagen is based in Germany and aggressively avoids taxes through a network of companies in Luxembourg, the Netherlands […]
McGuinness: An Irish for financial markets consumer protection and sustainable finance
Today the Committee on Economic and Monetary Affairs held a hearing with the Commissioner-designate Mairead McGuinness. McGuinness is the candidate to succeed the resigned Irish Commissioner Hogan. McGuinness would take over the financial market portfolio from Commission Vice-President Dombrovskis, while the latter is to take over the trading portfolio. McGuinness is a committed and strong […]
New study on tax avoidance by real estate investors: Double damage to the common good
Many citizens in Germany are suffering from exploding rents and have to spend an ever greater share of their income on housing. Our new study shows with several case studies: Rents are driven partly by real estate investors who shift their profits abroad and thus do not pay taxes in Germany. Municipalities lose trade tax […]
Job opening: Parliamentary Assistant for Economic and Monetary Affairs in my Brussels office
Dear friends, dear interested, I am looking to strengthen the team in my Brussels office for the work in the Committee on Economic and Monetary Affairs. I am looking forward to receiving applications! Please forward this job offer to anyone interested. The vacancy notice can be found below. With European Green Greetings, Sven Giegold […]