On Tuesday, the European Parliament adopted the own-initiative report on Retail Financial Services by a broad majority. With this report, the European Parliament is responding to the EU Commission’s Action Plan to facilitate cross-border financial services on European financial markets. The report that stands in the broader context of the Capital Market Union legislation and […]
Paradise Papers – No excuse for lack of action
The European Parliament, this morning debated the most recent revelations of the Paradise Papers and possible consequences. The recent scandal shows that the recommendations of the European Parliament’s Committee of Inquiry into the Panama Papers must be adopted and implemented as a matter of urgency. This also includes the establishment of a permanent committee of […]
Malta: European Parliament seriously concerned about the rule of law
Today, the political groups in the European Parliament have tabled their draft motions for resolution on the rule of law in Malta. One motion has been negotiated between a rare coalition of Christian democrats (EPP), liberals (ALDE), Greens, ECR and GUE (left). An alternative motion is sponsored by the socialist & democrat (S&D) group which […]
Daphne Caruana Galizia’s funeral: Today is a sad day for Europe.
Today Daphne Caruana Galizia, the murdered Maltese investigative journalist, will be laid to rest in Mosta (Malta). Her family made clear that representatives of the Maltese state are not welcome. The president of the European Parliament will attend on an invitation of Daphne’s family. Moreover, a group of renowned international journalists representing large newspapers such […]
European Parliament sends delegation to Malta: Europe will act to help restore the rule of law in Malta
Today the Conference of Presidents of the political groups in the European Parliament has decided that there will be a plenary debate and resolution on the “rule of law and money laundering in Malta” on 14 November at 3:00 pm. Moreover, it was decided that a delegation of the European Parliament will be send to […]
Final report of the Panama Papers Committee of Inquiry: European governments heavily accused for failure
The European Parliament’s Committee of Inquiry into money laundering, tax avoidance and tax evasion (PANA) today voted its final report by a majority. The results of the investigation and the political recommendations will have to be endorsed by the plenary session of the European Parliament in December. During the final votes in plenary, the results […]