The European People’s Party has called on EU governments to ignore today’s vote by the European Parliament to reject the sole candidate, Yves Mersch, for the vacancy on the executive board of the European Central Bank. The rejection was supported due to the failure to consider any female candidates for the vacancy. The Greens hit […]
ECB executive board: EP takes stand against exclusion of women from Euro decision-making
The European Parliament today voted to reject the sole candidate (1), Yves Mersch, for the vacancy on the executive board of the European Central Bank, endorsing a vote by the EP’s economic affairs committee. The rejection was supported due to the failure to consider any female candidates for the vacancy, despite the issue previously being […]
Financial transaction tax: Ball set rolling for FTT coalition of the willing
The Greens | European Free Alliance in the European Parliament PRESS RELEASE – Strasbourg, 23 October 2012 The European Commission today set out proposals for the launch of an enhanced cooperation procedure, with a view to introducing a financial transaction tax for an initial group of 10 EU member states (1). Commenting on the proposals, […]
Market manipulation/LIBOR rules: MEPs support tougher sanctions against market manipulation and insider dealing
The European Parliament’s economic affairs committee today voted on proposals to strengthen EU rules against financial actual market manipulation and insider dealing. The Greens welcomed the vote, which would introduce tougher sanctions and other measures, with Green finance spokesperson Sven Giegold (MEP, Germany) stating: “The recent LIBOR interest rate rigging scandal has underlined the need […]
Reasons for the Greens not to adopt the 2012 report on the European Semester
On Tuesday 9 October the Committee on Economic and Financial Affairs in the European Parliament adopted its position on the report “The European Semester for economic policy coordination: Implementation of 2012 priorities”. The Greens, ECR (European Conservatives and Reformists) and GUE (European United Left) voted against the report but couldn’t hinder the majority of Conservatives […]
Financial transaction tax: Greens hail landmark moment for FTT
Commenting on the announcement that a group of eleven EU member states has agreed to move forward with the implementation of a common financial transaction tax through an ‘enhanced cooperation’ procedure (1), Green economic and finance spokesperson Emilie Turunen (MEP, Denmark) stated: “This breakthrough on the financial transaction tax (FTT) is a landmark moment both […]