Finance & Trade

Hannan: TTIP Criticism Applies to EU

June 12, 2015

UK Member of the European Parliament Daniel Hannan writes that anti-corporate arguments against the prospective Transatlantic Trade and Investment Partnership ("TTIP") between the EU and the US should prompt scrutiny of the EU's preference for corporations and NGOs over national sovereignty.
EU Officials Call for German Cooperation in Tax Probe

June 10, 2015

EurActiv reports that officials from the European Commission and a Member of the European Parliament are calling for full cooperation of the German Government with an EU-wide investigation of whether member states have granted special tax privileges to multinational corporations.
EU Warns Estonia, Poland of Legal Action over Tax Data

June 09, 2015

Following its call for data on tax rulings from EU member states in the wake of allegations of favorable corporate tax deals in some countries, the European Commission has threatened Estonia and Poland with legal action if they do not send additional data on their tax decisions within the next month.
Hannan Describes Vision of Post-EU U.K.

June 03, 2015

U.K. Member of the European Parliament Daniel Hannan has set out a vision of Britain in 2020, following an exit from the EU, in which the country retains its trade relationship with Europe, opens new trading opportunities with other countries, and casts off what he deems to be burdensome rules from European institutions.
EU Warns Countries to Adopt "Bail-in" Rules

June 01, 2015

The European Commission has warned 11 EU member states that it will launch legal action against them if they do not implement the EU bank recovery and resolution directive, requiring banks to contribute to a fund that will limit the exposure of taxpayers to potential bank bailouts.
British Business Leaders Do Not Fear “Brexit”

May 27, 2015

The BBC reports that a group of business leaders in the U.K. have discounted fears of harm to the British economy following its potential exit from the EU, finding that being outside the bloc would not substantially influence Britain’s trade prospects.
EU Requires Secrecy from Advisers on TTIP

May 13, 2015

Politico Europe reports that after the European Commission promised greater transparency in its Transatlantic Trade and Investment Partnership ("TTIP") negotiations with the U.S., it has sparked controversy by pushing its external advisers on TTIP to sign confidentiality agreements.
ECJ Finds Lack of Standing in Challenge to ECB Program

May 08, 2015

The Court of Justice of the EU has upheld the ruling of a lower court dismissing the complaint of a group of individuals alleging that the European Central Bank lacked the legal authority to implement its bond-buying program in 2012 for lack of standing.
EU Investigates Member States' Aid to Power Companies

April 29, 2015

EurActiv reports that as part of its goal of building an EU Energy Union, the European Commission has announced that it is opening a broad investigation into the subsidies many EU member states give to power stations in order to prevent blackouts during periods of high demand.
EU Investigates "Fragmentation" of Financial Services, Insurance

April 28, 2015

EurActiv reports that the European Commission plans to launch a consultation on the lack of cross-border activity in the EU financial services and insurance sectors and how to move forward the internal market in these areas.