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ECOFIN/September 2010

In Brussels a Council of EU's finance ministers it taking place (Ecofin). The main issues for the Council are the European semester, the imposition of a tax on financial transactions and bank levy. This Council is important because, if the Commission's proposals are to be approved, this would clear the way for a thorough debate on them at the October European Council.

6 July 2011 19:45 The EP and the Council argue again over the financial regulation

The European Parliament has adopted its position on OTC derivatives, short selling and investor compensations, while expecting lengthy disputes with the Council (the member states) over the three subjects. With regard to the short selling and derivatives, the final vote was postponed in order to ...

20 May 2011 09:02 European institutions are trying to limit speculation on the sovereign debt

While trying to get the debt crisis under control, saving three euro area countries, the EU is making efforts to regulate certain financial instruments, which are believed to be related to the increase of public debt - short selling and credit default swaps (CDSs). With short selling the seller ...

14 October 2010 09:33 Bulgaria is against new taxes on the financial sector

Taxation of the financial sector was one of the main issues during the informal Council of EU finance ministers in the end of September. And while on the issue of bank levies there was a general consent, things do not look the same with regard to a possible tax on the financial system. A short b ...

9 September 2010 11:37 The EU is almost ready with its new financial architecture

After the hot summer this year, the autumn in the European Union is beginning with no less heat. The start of the autumn season was given with several key events. One of the most important is that after a year of wandering, tackling unforeseen problems, disputes and negotiations, finally the Eur ...

25 May 2011 12:13 Let there be light ... on the derivatives market

Shedding light on a market, that was completely in the shadows until recently; more transparency and more security - this was the way MEPs commented on the decision of the Committee on Economic and Monetary Affairs to support the draft regulation, proposed by the European Commission for OTC deri ...

14 October 2010 11:06 The Commission is considering a tax on profits and salaries in the financial sector

If there would be a tax on financial transactions it should be global, because otherwise it would be more harmful then helpful, the European Commission says. The communication on financial sector taxation, presented by Tax Policy Commissioner Algirdas Semeta on October 7, shows that the Commissi ...

18 September 2010 09:39 European Commission: We must end "the Wild West" of the financial markets

Between the two parts of the phenomenal film "Wall Street" humanity experienced the rise and fall of virtual money. Buying and selling bonds that you do not even own, but earn from them, became the most attractive luxury gambling. People were easily securing a standard of living they dreamed of, ...

8 September 2010 11:07 Ecofin gave a green light to the European Semester

EU's ministers of finance endorsed changes in the Stability and Growth Pact, creating opportunity for the introduction of the so called European semester. The Semester is one of the first initiatives of the task-force, headed by European Council President Herman van Rompuy. If approved by EU lea ...

 
free talk corner
Adelina Marini
The European Commission is to present the progress reports of the #WesternBalkans and Turkey. Federica Mogherini and Johannes Hahn will present the package just a couple of hours after French President Emmanuel #Macron announced he would not support any further enlargement before the EU had deepened. Stay tuned for live updates!
17 April 2018 15:31
Adelina Marini #Hahn: President #Macron was in line with what our president said in his speech of the State of the Union. This is not a contradiction. It's simply acknowledging we have to improve our internal procedures
17 April 2018 16:03
Adelina Marini
#France President Emmanuel #Macron will address the European Parliament this morning and will take part in a debate. This will be an attempt to rescue his European agenda, which has been losing a lot of steam in the past months. Stay tuned for live updates
17 April 2018 09:42
Adelina Marini Long and passionate standing ovation after Emmanuel Macron finished speaking in the European Parliament
17 April 2018 13:22
Adelina Marini
The EU foreign ministers met today in Luxembourg for a regular Foreign Affairs Council to discuss the situation in #Syria after the coordinated strikes by France, UK and the US in response to the chemical attack in Douma. The ministers also discussed Iran's role in the conflict, relations with Russia, and the preparations for the summit with the Western Balkans in Sofia next month. The meeting ended a while ago. Coming up next is High Representative Federica Mogherini's press conference. Stay tuned for live updates
16 April 2018 18:02
Adelina Marini #FAC #Mogherini: We keep a very open channel with #Iran on the war in #Syria. We need to keep that channel of communication open
16 April 2018 18:41
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