Calibration of securitized loans Since several years member states negotiate the critical calibration of the new Solvency II framework for Europe’s insurance sector. During these negotiations over the implementing measures the risk weights for securitized products were lowered several times. The table shows the deterioration of the risk multiplier in the formula which determines the […]
Lord Jonathan Hill, Baron Hill of Oareford, mag Europäische Demokratie nicht
Lord Jonathan Hill wurde von Ihrer Majestät der Königin von England zum Lord auf Lebenszeit gemacht. Im House of Lords sprach er im Juni über die Auseinandersetzung zwischen dem Europäischen Parlament und dem Europäischen Rat der Regierungschefs, wer wie viel Einfluss auf die Ernennung des Präsidenten der EU-Kommission haben sollte. Ohne selbst jemals ins Parlament […]
More women for “Team Europe”
Who will be the next President of the European Commission? The discussion currently focuses on one name. However, there are over 30 European positions to be filled: the 27 other Commissioners, including the High Representative of the External Action Service, the Presidency of the European Council, or even the President of the European Parliament. The […]
Dutch and German MEPs: No to shalegas fracking in the Dutch-German border region
Dutch minister Kamp has presented his ideas on where in the Netherlands it might be possible to win shalegas. He has pointed out several locations throughout the country where he wants to research the possibilities, also close to the borders with Belgium and Germany. Though officially the Dutch government has not spoken out in favour […]
Banking union: Major step forward overshadowed by intergovernmental approach to banking resolution
The European Parliament today voted to adopt a series of legislative files as part of the move to create a European banking union (1). The Greens welcomed this major development for dealing with the problems of the financial sector in a coherent European manner but expressed regret that many of the core provisions of the […]
Financial Times: UK intervention puts bank failure deal at risk
By Alex Barker in Brussels A landmark EU agreement on a common rulebook for handling bank failures is in danger of unravelling over the fine print restricting when a state can intervene to rescue a struggling bank. Britain is facing objections from several other member states as it scrambles to revise a political […]