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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
#Spitzenkandidaten For the 1st time since #Eurobarometer has been asking citizens whether their voice matters in the EU the number of those who said "yes" has increased - from 29% in November 2013 to 42% now. According to Institutional Affairs Commissioner Maros Sefcovic, a huge contribution to this outcome have the European elections and the Spitzenkandidaten procedure for election of European Commission president. In Bulgaria the number of those who believe their voice matters in the EU and those who are of the opposite opinion is almost equal (42%/41%). Croatia is among the first five countries with the highest share of people who believe their voice matters in the EU (59%/32%
25 July 2014 14:00
Adelina Marini Support for the #euro is falling in #Bulgaria compared to the autumn of last year. In the latest Eurobarometer poll 41% of the respondents support the single currency which is minus 10 points compared to last year. Against are 42% of the Bulgarian citizens. In Croatia the support for the common currency is bigger - 53% are for and 38% are against, but it is falling there too, although at a slower pace (-4). However, in Romania support is growing and it is currently 63% which is an increase by 5 points since the previous poll
25 July 2014 14:07
Adelina Marini
#enlargement The Association Council is concerned w/ the media climate & media culture in #Macedonia as well as with the biased coverage of political developments in the country. There is also a lack of separation between state and party activities. More of the conclusions from today's SA Council here euinsi.de/i51d
23 July 2014 16:43
Adelina Marini
#MH17 #Catherine #Ashton: Today we decided to prepare the next stage of sanctions, including against entities
22 July 2014 17:19
Adelina Marini #MH17 Foreign Affairs Council conclusions on #Ukraine euinsi.de/ln4s
22 July 2014 17:35
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