Dear friends, dear interested, Persistence pays off! The European Parliament’s Committee on Economic and Monetary Affairs (ECON) will tonight adopt a heavily revised version of the rules on the sale of non-performing loans. Thanks to us Greens, the draft bill now includes strong protections for distressed borrowers. This is good news for mortgage borrowers, small […]
“Understanding the Brexit Deal” – British-German webinar with Brexit expert Prof. René Repasi – Thu, Jan 7, 8pm CET
Recording below / Download presentation here Dear friends, dear interested, Since the 1st of January, the trade agreement between the EU and the UK is in force. The more than 1,200-page treaty was finally agreed upon on Christmas Eve and provisionally put into force by the 27 EU member states in order to prevent even […]
NPL Action Plan: Insufficient protection for borrowers and taxpayers
Today, on 16 December 2020, the European Commission has presented its new action plan on non-performing loans (NPLs). It is the Commission’s latest effort to deal with the elevated level of NPLs which have been plaguing banks in many member states ever since the European debt crisis. The new push comes ahead of a potentially […]
Petition Digital Tax Now! – Local shops close, while Amazon & Co make huge profits: the digital tax must come now!
Sign right here: https://www.change.org/digitaltax-now Dear friends, dear interested, It is truly bitter: In many countries, local retail shops have to close before Christmas because of the Corona pandemic. This pandemic is bringing many shops to the brink of their existence. Entire city centres are threatened with economic extinction. And now, of all people, the tax […]
Success for more transparency: Single Resolution Board will publish new aggregate data
Dear friends, Dear interested, During the last exchange in ECON with SRB chair Elke König, I reached a small but interesting step towards more transparency in European banking resolution. Much of the work of Europe’s banking resolution authority, the Single Resolution Board (SRB), is notoriously opaque. The resolution plans of the large European banks and […]
Europe Calling “Black Box Council – New insights into the secret decision-making in the Council” – Mon, 30 Nov 2020, 10-11.30 CET
Recording Dear friends, dear interested, On Sunday, Investigate Europe will publish its latest research on the striking intransparency within the European Council. On Monday, Investigate Europe’s senior journalist Harald Schumann will present the findings in our public webinar. There is a black box in the centre of European legislation: the Council of the European Union. […]