Archive | Source: European Parliament Political Groups

Press release: ECR lays out proposals to expand the EU single market

“Failure to eliminate remaining barriers in the EU single market, particularly in the area of services, is holding back growth, job creation and consumer choice, ECR MEPs said today. Flemish ECR MEP Anneleen Van Bossuyt, chairman of the European Parliament’s powerful Internal Market Committee, said that for too many in the EU ‘completion of the single market is simply a soundbite, not a serious political priority’.”

Press release: ECR – Lucke: ECJ goes against EU treaties in allowing ECB monetary financing

” ‘This ruling is frightening: the European Court of Justice now explicitly allows the European Central Bank to provide monetary financing, provided that it is temporary. The court clearly shot over its target of helping the ECB’, warned ECR Group MEP Bernd Lucke following a judgement from the ECJ on a case brought with a group of nearly 2000 plaintiffs against the ECB’s bond purchasing programme.”

Press Release: ECJ ruling on Article 50 – Quote from Alyn Smith

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Press Release: The EU must show the world how to transition away from fossil fuels in a socially just manner, say S&Ds attending COP24

Tomorrow a delegation from the S&D Group in the European Parliament will arrive in Katowice (Poland) to participate in the 24th UN Climate Change Conference. It is the most important meeting since the COP21 in Paris, and it aims to agree on a rulebook on the way to enforce global action to make sure that warming will be well below 2 degrees as compared to pre-industrial levels.

Press release: S&D – Kick-start for a better Europe: Socialists and Democrats endorse Frans Timmermans as Common Candidate, in Lisbon

“Socialists and Democrats from all over Europe have gathered at the PES-Congress in Lisbon to discuss key issues ahead of the 2019 European elections and to acclaim the PES Common Candidate, Frans Timmermans.”

Press release: S&D – S&Ds lead a new vote to reduce risks in the EU banking sector

“The Socialists and Democrats led today a vote in the economic and monetary affairs committee to tackle non-performing loans (NPLs) and thereby made a new significant step to reduce risk in the banking sector. NPLs or ‘bad’ loans refer to bank loans whose payment is delayed or is unlikely to happen. The S&Ds expressed concerns over the historically high levels of bad loans which can negatively affect investments and the economy.”

Press Release: Britain can step back from the brink

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Press Release: Progressives outline vision for sustainable international trade and investment

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Press release: S&D – Banking package: S&Ds have pushed for stronger and more sustainable banking sector

“The European Parliament and the Council reached today an agreement to reduce risk in the EU banking system, safeguard taxpayer’s deposits and deepen the Banking Union. The Socialists and Democrats have welcomed the preliminary deal on the banking package and stressed the need to achieve a concrete outcome on the reform of the European Stability Mechanism (ESM) and of the European Monetary Union (EMU) at the next Euro Summit in December. The S&Ds have put forward and ensured that banks will be able to cover for own losses and that will address environmental, social and governance (ESG) risks.”

Press Release: Plan to tax tech giants falls flat in the Council

Today, EU Finance Ministers have failed to come to an agreement on a proposed digital tax. This is despite the backing of the proposals by the Economic Affairs committee of the European Parliament which voted last night by a large majority in favour of a digital tax. A digital tax based on “digital presence” and/or revenues would help end the profit shifting and tax evasion of tech giants.

Press release: S&D – Further progress needed on Eurozone reform

“The agreement reached by the Eurozone finance ministers includes important elements for the deepening of the Economic and Monetary Union (EMU) and we appreciate the efforts of those who have worked hard to make these first results possible. Establishing a banking union backstop within the European Stability Mechanism (ESM) and reforming ESM precautionary instruments are good steps forward.”

Press release: S&D – CumEx scandal: It is high time to end the impunity of corporate crimes

“The S&Ds called for a thorough inquiry by the European Supervisory Authorities into dividend arbitrage trading schemes such as ‘Cum-Ex’ or ‘cum-cum’ and their impact on the integrity of financial markets, during a vote in the plenary on the CumEx scandal. The S&D Euro MPs condemned tax fraud and the theft of taxpayers’ money and urged member states to bring those responsible for this massive theft to justice, improve national taxation legislation, exchange of information and the enforcement of the tax and financial regulation in Europe.”

Press release: GUE/NGL: The “Cum-Ex” scandal – an explainer

“‘Cum-Ex’ is Latin – and it means ‘with without’. In essence, it’s a massive stock-trading scam by bankers, brokers, hedge funds, international tax firms, investment companies, lawyers and insurance companies. By acting as promoters to help their clients get a refund for a tax they never actually paid for, they have defrauded EU member states by billions of euros.”

Political groups reactions: a European strategy for a climate neutral Europe by 2050

Reactions will be added as they become available.

Press release: Ahead of the next European elections, S&Ds present a roadmap to resolve the social and ecological crisis

The European Union must change gear to accelerate its transition to a sustainable society, by placing well-being for everyone at the heart of its project for the next parliamentary term. So far, the EU has not grasped the full nature of the crisis, which is both social and ecological. Climate change, pollution or the depletion of natural resources cannot only be addressed by ‘greening the economy’. The other two dynamics of sustainable development – inclusive development and social-ecological progress are equally important. Policies of the future must be built on the three dynamics together, if we are to overcome the crises that undermine our democracies and Europe. That is why S&Ds have launched a comprehensive and radical new agenda for Europe that should guide its action after the 2019 European elections.

Press release: S&Ds back enhanced EU risk assessment to avoid harmful pesticides in the food chain

Socialists and Democrats have been at the forefront in the fight against harmful pesticides, such as those containing glyphosate, and have pushed for a strict and independent European system to exclude any dangerous substance from the food chain.

Press Release: Article 50 hearing before ECJ

Today, a group of Scottish politicians, including Greens/EFA (SNP) Member Alyn Smith, will bring a case to the European Court of Justice on the question as to whether or not Article 50 can be withdrawn once the process of a Member State leaving the EU has started. The hearing will be the first in front of the ECJ, following the cases referral from the Scottish Court of Session and the UK’s Supreme Court. It is expected that the court will rule on the case before the end of the year.

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