Dear friends, dear interested, Lately, rents and residential real estate prices in most areas have known only one direction: steeply upwards. But while citizens groan under the exploding costs, officials at the ECB have paradoxically been complaining about too low rates of inflation for a long time. This is in part because housing costs have […]
Sustainable Finance: Von der Leyen and Timmermans must save the credibility of the Green Deal
This week, the EU Commission is finalising the first delegated act to shape the rules for Sustainable Finance. These “taxonomy rules” will determine which financial products and investments can be labelled as green and sustainable and which cannot. Recently, plans by the Commission to significantly soften the original science-based proposals under pressure from member states […]
Open letter for credible Sustainable Finance rules: Public pressure has to increase further
Dear friends, dear signatories, To date, almost 1000 people have signed our call to the European Commission for credible Sustainable Finance rules, including over 250 industry experts. This sends a strong signal to the Commission that it is risking to fundamentally damage the important European Sustainable Finance project. Today we officially sent the open letter […]
Global minimum tax: Scholz and Le Maire should support a tax rate of 21 percent
Today, the G20 finance ministers are discussing a global minimum tax on corporate profits. On Monday, US Treasury Secretary Yellen had proposed a tax rate of 21 percent. Olaf Scholz left it open in his reaction yesterday whether he supports a tax rate at this level. Sven Giegold, financial and economic policy spokesperson of the […]
My question to the Commission concerning the declaration of financial interests of Stella Kyriakides
(Picture from Commission Homepage: Photographer: Jennifer Jacquemart) My Question for written answer to the Commission (Rule 138) In her Declaration of Financial Interests, Commissioner Stella Kyriakides has listed a number of management positions for her husband Kyriakos Kyriakides. However, the company MARALO LIMITED does not appear, even though Kyriakos Kyriakides is listed as a managing […]
Yellen speech: Seize the opportunity for an end to fiscal dumping!
Commenting on US Treasury Secretary Yellen’s speech on a global minimum tax rate on corporate profits, Sven Giegold, finance spokesperson of the Greens/EFA group in the European Parliament, said: “This speech by Treasury Secretary Yellen is music to my ears. Now is a historic opportunity to end global tax dumping! She has reached out her […]