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    Epizentrum | CC BY-SA 3.0
    Picture of the building of the European Central Bank in Frankfurt
    Press release |

    A wake-up call for common fiscal policy in the eurozone

    The German Constitutional Court declared the decisions of the European Central Bank on the Public Sector Purchase Programme to be contrary to its powers. The lesson to be learnt from this judgment must be that the governments of the eurozone must come back to terms with reality. A common fiscal policy will ease the burden on monetary poli…
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    European External Action Service (https://www.flickr.com/photos/eeas/32978511020)
    Picture of European Council meeting
    Press release |

    Majority of EU leaders keep kicking the can down the road

    We need a big effort to tackle the economic and financial crisis with solidarity and a recovery package, including increasing the European budget, setting up a vast recovery fund and sharing responsibility within the European Union. As a package, all measures can achieve European financial and economic recovery.
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    Budget © nobiggie
    Budget
    Position Paper |

    The GREENS/EFA Financial Recovery Plan

    Ahead of the final stage of the negotiations on the forthcoming long-term EU budget, we would like to present our proposal for an EU plan to tackle the COVID-19 outbreak from a budgetary point of view. This paper complements the Greens/EFA group’s proposal for a EU coronavirus fund.
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    ©chiara-daneluzzi
    banknotes
    Press release |

    Ministers agree on fiscal measures to combat COVID-19 crisis, now EU leaders must decide on Corona bonds

    Last night, European finance ministers reached an agreement on the COVID-19 crisis to utilise the European Stability Mechanism (ESM) to finance support for the domestic financing of costs related to healthcare, cure and prevention costs for the Coronavirus. The Eurogroup meeting also agreed to the Commission's SURE proposal for unemployme…
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    Euro banknotes © Markus Spiske
    Euro banknotes © Markus Spiske
    Policy Paper |

    The Greens/EFA’s proposal for an EU coronavirus fund

    Ahead of the Eurogroup meeting on 7th of April 2020, the Greens/EFA Group in the European Parliament unveils a proposal for an EU coronavirus fund to tackle the economic consequences of the COVID-19 outbreak. Europe is in a critical situation and we need European solidarity now more than ever.
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    (C) Lars Aronsson
    euro-symbol
    Press release |

    Greens/EFA call for corona bonds in response to the crisis

    Ahead of tomorrow's Eurogroup meeting of eurozone Finance Ministers, Greens/EFA Members of the Economic and Monetary Affairs Committee in the European Parliament are calling for European solidarity and corona bonds issued by an EU fund in a new paper in response to the corona crisis
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    © Alexander Briel
    European flag 530x390
    News |

    Now Europe, now Eurobonds

    In the last days, we have witnessed an inexplicable European paralysis to address the COVID-19 crisis. It has taken too long to see patients crossing borders to be treated in neighbouring countries, or material circulating from one country to another. Fortunately, it seems that solidarity within Europe is growing every day, and we are fin…
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    European External Action Service (https://www.flickr.com/photos/eeas/32978511020)
    European Council
    Press release |

    European Council summit

    Following last night's video conference meeting of EU leaders, President of the Greens/EFA group in the European Parliament, Ska Keller MEP, comments: "Despite being in the midst of an unprecedented public health emergency, it's shameful that European governments were unable to agree...
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    ©danijel-durkovic
    Skyline of Frankfurt m Main
    Press release |

    EUCO: Letter to the European Council on Eurobonds & ESM

    Ahead of today's European Council summit, the Greens/EFA Members of the Economic and Monetary Affairs Committee are calling for economic measures, based on solidarity to tackle the COVID-19 crisis, in a letter to the European leaders.   Sven Giegold MEP, financial and economic...
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    Press release |

    Tax haven blacklist exposes double standards of EU governments

    The European Union's Ministers of Economy and Finance presented the updated list of tax havens, to include also Panama, the Seychelles, the Cayman Islands and Palau, because they do not meet at least one of the European Union's tax good governance criteria