Dear correspondents, please feel invited to our press breakfast: When: Monday, 23 May, 9.30 h Where: European Parliament members restaurant, ASP building, Brussels With: Green tax and finance spokespersons Sven Giegold and Molly Scott Cato The Council meeting of EU finance ministers on Wednesday 25 May is supposed to agree […]
Financial market regulation: EU Commissioner Hill announces deregulation agenda on advice from the finance industry
EU Commissioner Jonathan Hill presented the results of a consultation on the EU regulatory framework for financial services and an outlook on the EU Commission’s course on financial markets policies. Stakeholders from the financial industry were highly overrepresented in the consultation. MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group, discussed the […]
Anti-Corruption Summit: Cameron must shut down British tax havens
Representatives of over 40 governments agree on an international declaration against corruption at today’s Anti-Corruption Summit in London. MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group commented: “Cameron has to turn his words into action and shut down British tax havens. With his power over British overseas territories, it is […]
Draft mandate of the new inquiry committee after Panama Papers
All major political groups agreed on the following draft mandate for an inquiry committee on the Panama Papers. It is now being verified by the Parliament’s legal service and finally be voted by plenary. Key priority for the Greens was that the work of the ongoing TAXE special committee established after the LuxLeaks scandal is […]
Tax avoidance: US should be considered a tax haven according to new research
New research commissioned by the Greens/EFA group in the European Parliament has outlined how the US has fallen behind on tax transparency and made the case for it to be considered as a tax haven under the new EU blacklist (1). The research has been published ahead of a delegation by the European Parliament’s […]
Economic Statistics: International capital flows to become more transparent
The European Parliament today voted its final legislative agreement on the revision of the Regulation on balance of payments statistics. Balance of payments statistics give information on the web of international flows to and from a member state’s economy. Over the last few years, legal structures aimed at concealing capital flows have been increasingly […]