The Economic and Monetary Affairs Committee (ECON) of the European Parliament currently works on an initiative report on the state of play in the Banking Union including European banking legislation and supervision. The initiative report of the European Parliament shall contribute to the discussion on the future course in European banking regulation and supervision. The […]

Members of the European Parliament’s Environment committee today voted to adapt EU legislation on mercury, to bring it in line with the Minamata Convention on Mercury signed in 2013. The new regulation aims to ban mercury in dentistry by December 2022.   Green member of the environment committee Bas Eickhout said: “Mercury is a highly toxic substance […]

The European Parliament’s Economic and Monetary Affairs Committee (ECON) voted this Tuesday on its proposal for the EU’s future work on retail financial services, such as insurances, investment products or payment services (the so called “Green Paper on Retail Financial Services”). This Green Paper sets the stage for the EU’s measures and legislative initiatives to […]

There are more lobbyists around the EU institutions in Brussels than in any other European capital. The quick move through the revolving doors by former EU Commission President Barroso to Goldman Sachs, or the undeclared offshore company held by former EU Commissioner Neelie Kroes, have stirred public distrust around the independence of individual EU politicians. […]

Please, find here the letter as a PDF-file: 2016_10_11 – Greens-EFA Letter to the President of the EIB – Financial I…  

Low interest rates are having an increasingly dramatic impact on insurance policies. In early August, the German Federal Financial Supervisory Authority (BaFin) published up-to-date figures on the solvency of German life assurers. Twenty-five percent of the firms concerned now do not meet Solvency II’s capital requirements. Four of the 84 firms examined have no or […]