The Digital Tax will be the focus of today’s meetings in Davos. It’s time to move beyond the vetoes and the threats to achieve an international agreement. With some colleagues of the European Parliament we have promoted an initiative for a serious dialogue with the US Congress. It’s important for Europe to express its position…
Thank you Mr. President, Dear Colleagues, On September 17, 2019, Mr. Adam Farkas announced his resignation from his position as Executive Director of the European Banking Authority – which will be effective on January 31, 2020 – to become, starting from February 1, 2020, the CEO of AFME, a well-known lobbying company that – according…
Thank you Mr. President, Dear Colleagues, On September 17, 2019, Mr. Adam Farkas announced his resignation from his position as Executive Director of the European Banking Authority – which will be effective on January 31, 2020 – to become, starting from February 1, 2020, the CEO of AFME, a well-known lobbying company that – according…
Last Thursday, December 19th, we reached an important agreement that defines a set of criteria applicable to all ECSP – European Crowdfunding Service Providers that raise up to EUR 5 million per year. Crowdfunding is a relatively recent phenomenon which has quickly consolidated itself as an interesting fundraising source for startups and innovative SMEs. However…
Thank you Mr. President Dear Colleagues, dear Commissioner, 240 billion dollars: this is the amount of missing tax revenues due to multinationals’ tax elusion, according to OECD estimates. Researchers from Berkeley and the University of Copenhagen estimated that in 2016 40% of big companies’ profits were shifted to tax heavens every year, corresponding to an…
What is a green financial product? What does it mean to invest in a sustainable business? These and other questions have been at the basis of our negotiations on the so called “Taxonomy”, a European rulebook that identifies the criteria to determine whether an economic activity is sustainable. After three months of “trilogues” (inter-institutional negotiations…
Thank you Mr. President Dear Colleagues, dear Commissioner, 240 billion dollars: this is the amount of missing tax revenues due to multinationals’ tax elusion, according to OECD estimates. Researchers from Berkeley and the University of Copenhagen estimated that in 2016 40% of big companies’ profits were shifted to tax heavens every year, corresponding to an…
The Resolution on the conflict of interest concerning those working for the European institutions has been approved! Perhaps not many of you know the “Farkas Case”: it is a recent matter which has sparked a heated debate in Brussels and that has motivated me to work on a resolution that was approved last Thursday in…