DIE GRÜNEN | EFA im Europäischen Parlament Sven Giegold Am 25. Mai:Grün für ein besseres Europa
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Tax avoidance and fraud:
Commission plan a belated step but further measures needed to truly address tax avoidance

The European Commission today presented an action plan for dealing with tax evasion and fraud in Europe. The Greens have long called for greater action to address the problem of tax avoidance in Europeand welcomed the Commission’s initiative, which was a response to a Green initiated EP demand. However, the group expressed regret that the […]

EU banking supervision legislation
MEPs move swiftly to shore up European banking system

The European Parliament’s economic and monetary affairs committee today voted on two new EU legislative proposals providing for a supervisory system for European banks. Following the vote, Green finance spokesperson Sven Giegold, who is draftsperson/rapporteur for the EP on the European Banking Authority supervision file, stated: „Today’s vote moves us closer to the urgently-needed European […]

Eurogroup – Greece:
Failure to address long term fiscal sustainability looms large

Eurozone finance ministers yesterday evening belatedly agreed to the release of bail out funds for Greece. Commenting on the announcement, Greens/EFA co-presidents Rebecca Harms and Dany Cohn-Bendit stated: „While it is to be welcomed that Euro finance ministers have finally signed off on the release of the latest tranche of bailout funds for Greece, the […]

ECB executive board – Chicanery over Mersch appointment prevented

The expected appointment of Yves Mersch to the executive board of the European Central Bank by Eurozone governments, using a written procedure with no debate, has been blocked after at least one EU member state raised concerns with the procedure. The Greens had criticised plans to use this untransparent procedure (1), with a view to […]

EU banking union: European banking supervision plans welcomed but democratic checks must be guaranteed

The European Commission today presented legislative proposals aimed at providing for a supervisory system for European banks, as well as a communication on European deposit guarantee and banking resolution schemes, another key element of the proposed European banking union (1). The Greens are in favour of strong banking supervision rules but cautioned on the need […]

EU tax rules: MEPs vote to toughen EU rules and clamp down on tax dodging practises by business

The European Parliament today adopted its opinion on draft EU legislation on interest and royalty taxation (1). MEPs voted in favour of toughening EU measures with a view to outlawing tax avoidance schemes currently employed by businesses, as well as for effective minimum taxation of cross border interest and royalty payments within the EU. The […]

Saving the Euro needs a Green New Deal

For a short and informative summary on the question of the Euro crisis and the Green New Deal my team a me have made a PowerPoint presentation. Download here: Saving_the_Euro_GND_Update_23.05.2012 (ppt, 5 MB).