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    News |

    Brussels Agenda

    Greens/EFA priorities for the week include EU rules on money market funds, posted workers, cloned animals and EU food law, money laundering, terrorism funding and the financial system, protecting migrants' lives in Mediterranean. Among Greens/EFA events : hearing on right to water - first successful EU citizens' initiative, conferences …
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    Press release |

    EU financial supervision

    The European Parliament's economic and monetary affairs committee today adopted a report by Green MEP Sven Giegold on strengthening the EU's financial supervisory system. Commenting after the vote, Green economic and finance spokesperson Sven Giegold said: "MEPs have today voted to strengthen a...
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    News |

    Brussels Agenda

    Greens/EFA priorities for the week include seed diversity and EU rules, preventing the spread of mega trucks, tackling airport noise, shale gas, fracking and environmental impact assessments, labelling nano-materials in food, mass surveillance scandal and the EU response, money laundering, terrorism funding and the financial system, a mor…
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    News |

    Greens/EFA Round-up

    Greens/EFA priorities for the Strasbourg plenary included fighting homophobia, smart grids and decentralised renewables, enforcing EU law, insider trading, trade dumping, EU climate and energy policy to 2030, air passenger rights and compensation, securing basic rights for seasonal workers, winding up failing banks, fatal pushback of refu…
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    Video |

    Banking resolution

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    Press release |

    Banking resolution

    The European Parliament today voted on draft EU legislation on the creation of single mechanism for banking resolution, with a large majority of MEPs endorsing the position of the EP's economic and monetary affairs committee. The Greens welcomed the outcome and called on EU governments to give way o...
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    News |

    Strasbourg Flash

    Greens/EFA priorities for the Strasbourg Plenary include tackling homophobia, enforcing EU law, smart grids, clamping down on insider trading, winding up failing banks, trade dumping, EU climate and energy policy to 2030, air passenger rights and compensation, basic rights for seasonal workers, Ukrainian crisis and the EU's role, refugee …
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    News |

    Bank rescue "made easy"

    Right now the European Parliament and the Council are negotiating how a future bank collapse should be handled. The resulting Single Resolution Mechanism (SRM is supposed to be smooth machine for the rapid clean-up of collapsing banks "over the weekend". Instead, after pressure from German...
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    Press release |

    Banking sector reform

    The European Commission today presented proposals on structural reform of the EU's banking sector. The Greens expressed regret that this crucial and long-awaited legislation will fall short of providing for a full separation of retail and investment banking activities. Commenting on the proposals, G...
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    Publication |

    EU systemic banks capture huge amount of implicit subsidies

    According to the study, the best estimate of subsidies amounts to 233.9 billion euro. The study shows that that without these implicit subsidies the large banking institutions in the EU would be making substantial losses. Furthermore, it compares the orders of magnitude of implicit subsidies with the upcoming capital charges and levies …