The EU Commission and the italian government have struck a deal how they want to give the Italian bank Monte dei Paschi di Siena (MPS) access to new banking subsidies. In the framework of a “precautionary recapitalisation” the strong bail-in rules in the banking union are undermined. Greens in the European Parliament have fought tooth […]
Juncker on tax avoidance: blind for the past, strong commitments for the future
The president of the EU Commission, Jean-Claude Juncker, today answered questions in the European Parliament’s investigatory committee on money-laundering and tax evasion (PANA). A Green study revealed Juncker’s personal responsibility in blocking the fight against tax evasion. On Juncker’s appearance, MEP Sven Giegold, Green Coordinator in the PANA Committee and author of the Green study […]
Controversial tax transparency vote shifted
Just before the sensitive hearing of Jean-Claude Juncker in the PANA inquiry committee the committees on economic and monetary affairs and the legal affairs called off the vote on new tax transparency rules for transnational companies. The common voting session was scheduled for today at 9 am and was shifted on the demand of centre-right […]
Panama papers inquiry committee: Juncker’s Luxembourg found to have profited from the sidestepping of European tax rules
On Tuesday, European Commission President Jean-Claude Juncker will attend the PANA inquiry committee in the European Parliament. The former finance minister and Prime Minister of Luxembourg will face questions about his current and past record when it comes to tax transparency and justice. To date, the European debate has mostly focused on Junker’s role in […]
Europe Calling: Europe’s Competition Policy in the global digitalised economy
Please, find the recording here: I would like to kindly invite you to the next episode of my online discussion series “Europe Calling”, this time starring a special guest: European Competition commissioner Margrethe Vestager. Vestager is one of the most influential and couragous people in economic policy. She charged Apple to pay the staggering […]
Maltese Prime Minister Muscat invited to PANA inquiry committee
Today, the coordinators of the inquiry committee “money laundering, tax avoidance and tax evasion” (PANA) decided to invite Prime Minister Joseph Muscat. The invitation will be linked to his appearance in Strasbourg in the European Parliament plenary week (from 15th to 18th of May). The Greens supported the initiative of the chair to invite the […]