Today the European Parliament voted down a motion, sponsored by the Greens, to object to insufficiently prudent rules proposed by the Commission concerning how much investment insurers require to ensure they can pay policyholders. We are convinced that the problems of many insurers in the low interest rate environment may not be covered up by […]
European Commission nominates Elke König for Chair of the Single Resolution Board (SRB)
The European Commission has proposed Elke König, head of the German Financial Supervisory Authority (BaFin) for the post of chair of the Single Resolution Board (SRB). Furthermore, the Commission has adopted proposals for the appointment of the Vice-Chair and the other Board Members of the Single Resolution Board. This decision was preceeded by an informal […]
Reaction to the opinion of the Basel Committee on CRD 4 (capital requirements directive for banks)
The speakers of the political Groups in Parliament’s Committee on Economic and Monetary Affairs, Burkhard Balz (EPP coordinator), Elisa Ferreira (S&D coordinator), Sylvie Goulard (ALDE coordinator), Sven Giegold (Greens coordinator), as well as the Parliament’s negotiators of CRD 4, Othmar Karas (rapporteur, EPP), Udo Bullmann (S&D) and Philippe Lamberts (Greens) and Roberto Gualtieri, Chair of […]
LuxLeaks: More than 30 NGOs ask European Parliament for an Inquiry Committee
Dear Member of the European Parliament, The “Luxembourg leaks” scandal and recent inquiries by the European Commission have brought home the enormously damaging scale of tax avoidance within the European Union which has been facilitated by the tax laws and rulings of EU member states. As European non-governmental organisations working for greater justice in the […]
Curriculum vitae (English)
Political curriculum vitae October 2015: Named chair of the coordination team of the “European Christian Convention” October 2015: Elected as Member of the Presidential committee of the German Protestant Church Congress September 2015: Support of the founding of WeMove.eu February 2015: Enforcement of a special committee on the Investigation of the LuxLeaks scandals (“TAXE”), coordinator […]
Luxemburg-Leaks as dawn of a European Policy for tax justice
Two weeks ago began a joint action: 80 journalists of international media brought forward overwhelming evidence of Luxemburg’s organized tax avoidance scheme. Headlines of newspapers like The Guardian, Süddeutsche Zeitung and other concerning the exposure of these practices did not surprise me at first. For many years now the Tax Justice Network, Attac, the Greens […]