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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
Jean Asselborn: relocation can only work if the hotspots function efficiently
8 October 2015 13:48
Adelina Marini #JHA #Avramopoulos: Currently we're at crossroads and we need to do more to move toward shared responsibility for border control with the participation of all member states
8 October 2015 14:08
Adelina Marini
#HollandeMerkelEP At 1500 CET French President Francois #Hollande and German Chancellor Angela #Merkel will address the European Parliament. Then there will be statements by the group leaders. The debate will last a little over than an hour. You can watch it live here or stay on this website for live updates euinsi.de/ESAE
7 October 2015 14:45
Adelina Marini #Hollande: Sovereignty has nothing to do with sovereignism. We must not return to nationalism extremism which leads us to the wrong path
7 October 2015 17:00
Adelina Marini
An opinion poll announced last night shows that the #refugee strategy of #Croatia government has been a winning one. 65.9% of respondents support the government refugee policy whereas 20.2% are against it. What is interesting is that among the supporters are more than 37% of the voters of the opposition conservative HDZ party, according to the opinion poll of RTL television. Two thirds of respondents support a humane and open approach to the refugees while only a quarter of Croats accept the position of HDZ and President Kolinda Grabar-Kitarovic for strong border control with the participation of the army. 14% are in favour of building a fence. In case Germany and Austria close their borders 43.5% responded that they would accept a certain number of refugees and the rest should be returned to the country they came from. 31% believe that in such a case Croatia should close its border with Serbia and even build a fence. 12% would accept several thousands of refugees but with financial assistance from the EU
7 October 2015 08:37

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