The European Parliament today endorsed a final legislative agreement on new EU rules on credit rating agencies. The Greens believe the new rules represent another step forward for regulating this influential sector but regretted it was not possible to achieve more ambitions provisions change the market structure and to prevent conflicts of interest. Commenting after […]

The Greens/EFA group in the European Parliament today presented the new Irish EU presidency with a ‘call to action’ on EU taxation policy. Highlighting the current loopholes in EU legislation and deficiencies in EU tax policy, the European tax pact sets out concrete measures that need to be taken to tackle tax fraud and evasion […]

Commenting on the late night agreement between EU finance ministers on draft new legislation introducing a supervisory system for European banks, Green finance spokesperson Sven Giegold, who is draftsperson/rapporteur for the EP on the European Banking Authority supervision file, stated: “Last night’s agreement brings a welcome end to months of discord among EU finance ministers […]

The European Commission today presented an action plan for dealing with tax evasion and fraud in Europe. The Greens have long called for greater action to address the problem of tax avoidance in Europeand welcomed the Commission’s initiative, which was a response to a Green initiated EP demand. However, the group expressed regret that the […]

The European Parliament’s economic and monetary affairs committee today voted on two new EU legislative proposals providing for a supervisory system for European banks. Following the vote, Green finance spokesperson Sven Giegold, who is draftsperson/rapporteur for the EP on the European Banking Authority supervision file, stated: “Today’s vote moves us closer to the urgently-needed European […]