No Single Supervisory Mechanism until an agreement is reached with the ECB
22/05/2013
The European Parliament voted today on the deal reached with Council last March on a Single Supervisory Mechanism (SSM), the first building block of the Banking union. The Parliament though decided to hold the final vote adopting...
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Member States must endorse an EU strategy against tax fraud, evasion and tax havens
21/05/2013
Ahead of tomorrow's EU Summit, due to focus on tax fraud and tax evasion, the European Parliament adopted today its own recommendations that all Member States should endorse a common European strategy against tax fraud, evasion...
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EU leaders must address growing euroscepticism caused by crisis
21/05/2013
"EU leaders tomorrow need to produce actions not more words and address the issues that are giving rise to increased euroscepticism across the EU," said Guy Verhofstadt in a debate today in Strasbourg ahead of tomorrow's EU...
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Recovery and Resolution Directive (RRD): Protection of small depositors guaranteed
21/05/2013
Last night the European Parliament's Economic and Monetary Affairs committee adopted its report on an EU framework for bank recovery and resolution, which aims to provide Member States' relevant authorities with common and...
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Trialogue on the 2014-2020 MFF: ALDE warns the Council against any duplicity
13/05/2013
The Alliance of Liberals and Democrats for Europe supports the opening of negotiations with the Council today on the next Multiannual Financial Framework. The European Liberals and Democrats do however warn the presidency against...
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Gender gap in the financial sector must be further tackled
07/05/2013
Today the Economic and Monetary Affairs Committee voted on a resolution by ALDE MEP Sharon Bowles (LibDems, UK) on gender balance in the financial services sector. The report states that gender imbalance is not adequately...
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ALDE backs better protection for home buyers
27/04/2013
After months of negotiations, last night an agreement was reached between the European Parliament, Council and Commission on the mortgage credit Directive which aims to create a level playing field where minimum harmonisation...
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Need for an EU strategy against tax fraud, evasion and tax havens
24/04/2013
The European Parliament's Economic and Monetary Affairs Committee adopted today a report on the 'Fight against Tax Fraud, Tax Evasion and Tax Havens' which sends clear recommendations to both the Commission and Member States to...
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ECB must intervene directly to help SMEs
17/04/2013
The European Parliament adopted today the report assessing the ECB activities for 2011. By endorsing an ALDE amendment, Parliament called upon the Central bank to directly intervene in helping SMEs against the current and serious...
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Main lesson from Cyprus is our need for a definitive EU bank resolution fund
17/04/2013
The European Parliament debated today the financial and economic situation in Cyprus following the EU rescue plan which has been badly handled and showed once again a lack of coherence and vision at EU level.
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