Today, the Plenary adopted a resolution against the conflict of interest of Czech prime minister Andrej Babiš in negotiating as head of government and at the same time in private massively profiting from EU funds. Greens in the region had helped investigations and Greens in the European Parliament had asked for this resolution. Babis is […]
Cum-Ex-Resolution for reading
Dear Interested, Dear opponents of financial crime, In the meantime, the services of the European Parliament have published the resolution passed last Thursday including all the amendments. A very broad majority was in favour. The resolution contains on green initiative among other things the demand for a European investigation of dividend arbitrage deals such […]
Cum-Ex scandal: European Parliament resolution of 29 November 2018 on the cum-ex scandal: financial crime and loopholes in the current legal framework
European Parliament resolution of 29 November 2018 on the cum-ex scandal: financial crime and loopholes in the current legal framework (2018/2900(RSP)) The European Parliament, – having regard to the cum-ex revelations made by a consortium of investigative journalists led by the German non-profit media organisation CORRECTIV on 18 October 2018, – having regard to Regulation (EU) No […]
ECON Vice President Brian Hayes to become lobbyist: Revolving door turns too fast once again
Today, MEP Brian Hayes, Irish Christian-Democrat and influential Vice-President of the Economic and Monetary Affairs Committee (ECON) announced on Twitter that after the end of this Parliamentary term he will become CEO of the Banking and Payments Federation Ireland (BPFI): https://twitter.com/brianhayesMEP/status/1059750115173376000 MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group and […]
EU bank stress test: German banks have too little equity capital
The European Banking Authority (EBA) has just published the results of this year’s bank stress test. A total of 25 of the 48 banks are losing so much equity that they are unable to pay any more dividends. Of the 8 German banks tested, 6 are below this critical threshold. Landesbank Baden-Württemberg has crossed this […]
Racist statement of Parliament’s president Antonio Tajani is unworthy of his office
In an interview with the Italian medium Rai News in the context of the rejected Italian state budget, the President of the European Parliament, Antonio Tajani, made the following statement: “The citizenship income will end up in the pockets of Roma, of foreign citizens — from the EU and non-EU — and certainly not in […]