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Press release |

EU banking supervision

Today a deal was struck between the presidents of the European Parliament and the European Central Bank on Parliament's scrutiny role under the new European banking supervision mechanism. It is very likely that the political groups in the European Parliament will support this deal (1). Green finance...
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Press release |

Market abuse rules (LIBOR)

The European Parliament today voted on proposals to revise EU legislation on market abuse and insider trading, which were proposed in response to the LIBOR scandal. The Greens welcomed the outcome, notably provisions for tougher fines, more transparency and greater protection for whistleblowers, wit...
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News |

Youth Unemployment

The European Parliament will next Wednesday vote in plenary on a report on youth unemployment. This report comes in response to the EU's alarming rates of youth unemployment. However, the Greens/EFA group doesn't believe that this report gives the right solutions to the current situation and so th...
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News |

Brussels Agenda

Greens/EFA priorities for the week include committee debates on PRISM/NSA snooping scandal and EU implications, water protected as basic public service, Commission communicaiton on shadow banking and a Greens/EFA conference on shale gas
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Press release |

State Aid Guidelines

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Press release |

Financial regulation

Today the European Commission proposed new rules on Payment Services for the benefit of consumers and retailers. The package contains a reformed Payment Services Directive ("PSD2") and a proposal for regulation on interchange fees for card-based payment transactions. Fees on debit card pay...
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Video |

Who we are

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Press release |

Cohesion fund

The European Parliament's regional development committee today voted on the Cohesion Fund for 2014–2020. This vote was on the proposals agreed between the EU Council and the European Parliament on the regulations for the different funds under EU Cohesion Policy for 2014-2020. Commenting on the vo...
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Press release |

EU Cohesion Policy 2014-2020

The European Parliament's regional development committee today confirmed the result achieved in negotiations with the European Council and the European Commission on regulations for the different funds under European Cohesion Policy 2014-2020. Overall, €325bn, about one third of the total EU budge...
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Press release |

Single resolution mechanism

EU Commissioner Michel Barnier today presented his proposals for a European Single Resolution Mechanism (SRM) and a European resolution fund. The fund will be capitalised by financial institutions. The German government has repeatedly raised doubts concerning the legality of this EU mechanism. The G...