How will the EU face the migration crisis when the Turkish threats come true?

Plenary session week 47 2016 in Strasbourg - EU-Turkey relations
Johannes HAHN, Member ofthe EC in charge of European Neighbourhood Policy and Enlargement Negotiations
Date: 22/11/2016
Location: STRASBOURG
Copyright: © European Union 2016 - Source: EP.

The European Parliament adopted a resolution on 24 November calling for the negotiations to be suspended between the EU and the Turkish government until the latter ends its suppressive and dominant response to July’s failed coup. But this decision has triggered immediate reactions by the Turkish and European sides. While the president of Turkey threatens to […]

Can the EU afford to block China’s business openings to Europe by denying her the ‘market economy status’?

EU/China Summit, 12-13/07/2016. Handshake between Xi Jinping, President of the People's Republic of China, on the right, and Jean-Claude Juncker President of the Eueopean Commission. Date: 12/07/2016. Location: Beijing, China - Diaoyutai State Guesthouse. © European Union , 2016 / Source: EC - Audiovisual Service / Photo: Olli Geibel.

The way Wallonia, Belgium’s French speaking region approved CETA – the comprehensive economic and trade agreement between the EU and Canada – is a rather dark landmark. In the future, Europe’s trade and otherwise relations with foreign countries will be rather shaky. This was also true in the past, but now became evident for everybody […]

Draghi tells the Parliament the ECB to use all its weaponry; euro slides to parity with the dollar

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting: ‘Monetary Dialogue with the President of the European central bank. Mario Draghi (third from right), Roberto Gualtieri (S&D, IT) chair ECON Committee (in the middle), Sander Loones (ECR, BE) (first from right), Pablo Zalba-Bidegain, (EPP, ES) (first from left). (European Parliament Audiovisual Services, Event Date: 12/11/2015, City: Brussels, Bergium, Copyright: © European Union 2015 - Source : EP).

Undoubtedly, Mario Draghi’s speeches and comments are being carefully monitored, analyzed and discounted by government decision makers, capital market experts and of course the Press. Invariably, this was the case last week, when the President of the European Central Bank appeared before the European Parliament’s Economic and Monetary Affairs Committee. ECB’s accountability to the European […]

EU elections: The louder the threats and the doomsaying the heavier the weight of the vote

European Parliament. During the election evenings, projections of the composition of the new Parliament, based on latest available exit polls and estimates, will be presented to the media. As soon as voting is concluded in all EU countries, pan-EU results will be also made available. (EP Audiovisual Services, 14-05-2014).

All mainstream political leaders of Europe in the socialist camp, the liberals and the center-right parties, invariably exorcise nationalism and populism, as the gravest threats to the EU project. They are quite right to do so. It’s not only the future of the EU which is at stake. Nationalism and populism already threaten the very […]

MEPs Anti-fraud votes for more votes?

Cecilia Malmstrom, European Home Affairs Commissioner (EC Audiovisual Services)

Fellow Europeans, you don’t have to worry any more about corruption in the Old Continent. Our MEPs voted yesterday, Thursday 20 March, in favour of the penalisation of the action of stealing your paid taxes. Can an imprisonment penalty of up to 5 or 10 years really stop the “bad boys” from usurping the EU […]

168 hours left for MEPs – ECOFIN Council to deliver a Banking Union

European Parliament. Committee on Economic and Monetary Affairs (ECON). Meeting on banking supervision. Vote on the bank single resolution mechanism and fund. (EP Audiovisual Services).

Contradicting messages are emitted from a statement issued yesterday by the lead MEPs currently negotiating the details of the legislation on the Single Resolution Mechanism and Fund for Eurozone banks with the ECOFIN council. This legislation is set to complete the legal and structural background of the European Banking Union. The other pillar of the […]

EU Parliament: Follow the fraudulent money and confiscate it

European Parliament. Committee on Civil Liberties, Justice and Home Affairs (LIBE) and Committee on Economic and Monetary Affairs (ECON) joint meeting. Vote by a show of hands. (EP Audiovisual Servises, 20/02/2014).

In two parallel actions the European Parliament approved, with stormy majorities, two draft laws; one against money laundering and one more to facilitate the confiscation of fraudulently acquired assets. In the first case, the Economic Affairs and the Justice and Home Affairs committees amended a Commission proposal to list in public registers the ultimate owners […]

EU legislation protecting home buyers approved in Parliament

European Parliament. Committee on Economic and Monetary Affairs ( ECON). Meeting on mortgage credits. (European Parliament Audiovisual Services).

It was high time that the European Union authorities took action to protect home buyers from the insatiable appetite of banks. Mortgages constitute the standard tool for households to acquire, usually, their first home. For consumers this is a very long term engagement, especially for wage earners. Given the fact that mortgages may span up […]

The European Parliament wants to stay in one place

European Parliament. Strasburg, France one of the three sits of the House. Committee on Constitutional Affairs - European political parties and European political foundations: statute and funding (COD) - vote on a proposal for a regulation (EP Audiovisual Service).

At last – it was high time that the European Parliament took the responsibility to determine its own agenda and of course to decide where it sits! For decades now legislators travel incessantly to and from between Brussels, Strasbourg and Luxembourg, running after timetables and squandering taxpayers’ money in travel expenses and hotel bookings. Thank […]

Council Presidency: Floundering with the EU 2014 budget

The European Parliament rapporteur on 2014 EU Budget, Anne E. Jensen (ALDE, DK) and Alain Lamassoure (EPP, FR),  Chair of the BUDG Committee on Budgets of the European Parliament,  are holding a Press conference on the Multiannual Financial Framework 2014-2020 for the next seven EU budgets (European Parliament’s Audiovisual Services).

Yesterday the Lithuanian Presidency of the Council made another blunder and a very bad start in its relation with the European Parliament. After the Lithuanian Vice-Minister Algimantas Rimkūnas presented to the plenary of the Legislative the Council a proposal for the EU 2014 Budget, with which many MEPs strongly disagreed, the Lithuanian Presidency issued a […]