March 19, 2014
It’s that time of year again. Chancellor George Osborne has delivered his latest budget. The EU geeks that we are, we have one question in mind: what does it say about the UK’s contributions to the EU budget?Well, as ever, this is complicated because t…
Posted by Open Europe blog team
June 28, 2013
On Wednesday, European Parliament President Martin Schulz wrote to Irish Deputy Prime Minister Eamon Gilmore warning him that the latest compromise on the long term EU budget agreed by EU leaders in February would be rejected. Yesterday morning…
Posted by Open Europe blog team
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2014-2020 EU budget, Cameron, EU budget, eu tax, Martin Schulz, MEPs, QMV, rebate |
June 20, 2013
After the umpteenth round of talks on the next long-term EU budget between negotiators from the Irish Presidency, the European Parliament and the European Commission, Ireland’s Deputy Prime Minister Eamon Gilmore announced yesterday,”We have concluded …
Posted by Open Europe blog team
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2014-2020 EU budget, Böge, EU budget, eu tax, Gilmore, horse-trading, Irish EU Presidency, Lamassoure, MEPs, MFF |
May 24, 2013
The Bundesbank, The Deutscher Aktieninstitute (DAI), and even EU civil servants from the 11 participating countries have all warned against the FTT in its current form. Today saw yet another German voice raised again the tax – this time from the very…
Posted by Open Europe blog team
There’s an old Latin saying, “If you had kept quiet, you would have remained a philosopher.” Reading the Commission’s defence of its proposed EU financial transaction tax (FTT), that phrase immediately sprung to mind. It’s not the strongest piece, to s…
Posted by Open Europe blog team
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clearing houses, commission, eu tax, eurozone, finance, financial regulation, Financial Services, financial transaction tax, FTT, tax, UK-EU relations |
February 15, 2013
The FTT: Who will pay?The European Commission has now tabled its proposal for a Financial Transaction Tax (FTT) applying to the eleven EU states who so far have said they’re willing to go ahead. Arguably, the proposal throws up more questions than answ…
Posted by Open Europe blog team
February 5, 2013
A tale of woe? The European Parliament has published a helpful graphic to explain the terrible conditions that EU civil servants have to endure. EU civil servants have to work 37.5 hours a week (i.e 9 – 5:30 with a merger hour for lunch) and …
Posted by Open Europe blog team
August 19, 2011
The dual pressures of the eurozone crisis and looming negotiations on the new long term EU budget have given a fresh impetus to Brussels policymakers’ long-held desire for greater EU powers, direct or indirect, over EU taxation.
Chancellor Merkel and …
Posted by Open Europe blog team
July 20, 2011
Despite there now being less than 24 hours to go until the emergency eurozone summit on Greece, and probably Italy and Spain, there is still no clear consensus on what structure a second Greek bailout will take. The main sticking point, as has always b…
Posted by Open Europe blog team
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banking regulation, banking sector, eu, eu tax, euro, eurozone. bail-out, finance, financial regulation, Greece, sovereign debt |
The European Parliament today backed calls for an EU financial transaction tax (FTT). MEPs say that their version of the FTT comes with at least two great merits:- it’s a simple way to raise revenue- it brings the financial sector to account and dete…
Posted by Open Europe blog team
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