Sylvie Goulard - Group of the Alliance of Liberals and Democrats for Europe On the basis of the report[1] by the high-level group, chaired by Jacques de Larosière, last year the Commission tabled a package consisting of the creation of a European Systemic Risk Board, under the auspices of the European Central Bank, dealing with [...]
Godfrey Bloom – Europe of Freedom and Democracy Group The concept of financial regulation across 27 countries most of whom have no experience of financial services is not just flawed but dangerous. The United Kingdom, yes the City of London, is the only world class centre for financial services in the European Union. This is [...]
Pervenche Berés – Group of the Progressive Alliance of Socialists and Democrats in the European Parliament The supervisory package currently under consideration and based on the conclusions of the de Larosière group constitutes an important step ahead. However, further steps will be needed for the future structure of EU supervision if we want to avoid [...]
Nikolaos Chountis – Confederal Group of the European United Left – Nordic Green Left After the stock market and oil crisis in 1970s, the world economic system in general, and the financial system in particular, were based on three “pillars”: a) the collapse of the fixed exchange rates system, b) the internationalization and liberalization of [...]
Rodi Kratsa-Tsagaropoulou – Group of the European People’s Party The end of this decade coincided with an enormous financial crisis, whose epicentre was the financial sector. Many would argue that all the mess that was brought forward because of the globalization of the markets could have been avoided, or at least its effects been mitigated, [...]
This year’s Progress Report on Turkey, released on the 14th of October, surely came at a critical juncture for Turkey. Over the last year, accession negotiations have been proceeding at a snail’s pace and run the risk of coming to a complete standstill unless there is some substantive progress on Cyprus. In addition, at the [...]
The European Commission released the Turkey 2009 Progress Report on October, 14, 2009. The aim of these progress reports, which have been prepared and released every year since 1998, is to assess the progress of candidate states in their way towards full membership to the EU. In equivalence, the progress report on Turkey assesses the [...]
The ECJ’s Judgment in Apostolides v. Orams encompasses a dual significance. On the one hand it extends jurisprudence on the interpretation of pivotal provisions of Regulation 44/2001, which are essential to the proper application of the European regime of ‘conflict of laws’, while on the other hand it also sheds generous light over the application [...]
I do not disagree with the points made by Prof. Koutrakos in his editorial article, but would like to question the proposal that the strict adherence to the letter of the law “enabled” the adoption of a “politically detached” stance. Instead, I would argue that the ECJ judgment is symptomatic of an inherent failure of [...]
