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Trade MEPs beef up rules to stem flow of conflict mineral money to armed groups

INTA External/international trade14-04-2015 - 15:19
A miner shows a rough emerald ©BELGA_AGEFOTOSTOCK_J.Sochor  

EU smelters and refiners importing „conflict” minerals and metals would have to be certified by the EU in order to help stem the flow of revenue to armed groups, under a draft law as amended by the International Trade Committee on Tuesday. Other amendments lay down conditions for EU recognition of industry self-certification schemes, and labelling requirements. All these amendments still need to be approved by Parliament as a whole. (Read more: Trade MEPs beef up rules to stem flow of conflict mineral money to armed groups )

 

Environment committee backs compromise on cleaner biofuels

ENVI Public health14-04-2015 - 14:05

MEPs and ministers moved a step closer on Tuesday to an agreement on plans to cap the production of traditional biofuels and accelerate the shift to alternative sources, such as certain types of waste and residues and new sources such as seaweed, with the environment committee's vote backing a deal struck by legislators. The plan aims to cut greenhouse gas emissions caused by the growing use of farm land for biofuel crops. (Read more: Environment committee backs compromise on cleaner biofuels )

 

Foreign affairs MEPs on Tuesday underlined the need for inclusive, constructive and sustainable political dialogue on reforms and for greater cooperation between the political forces in Albania and in Bosnia and Herzegovina. (Read more: Albania and Bosnia & Herzegovina: political commitment is key to path towards EU )

 

TTIP: MEPs differ on safeguards for data, services, environment and investment

INTA External/international trade14-04-2015 - 09:56

Eight hundred and ninety-eight amendments to a draft resolution on progress in talks with the US on the Transatlantic Trade and Investment Partnership (TTIP) were debated by the International Trade Committee on Monday. (Read more: TTIP: MEPs differ on safeguards for data, services, environment and investment )

 

Around 2,500 redundant workers of the former French road haulage company Mory-Ducros, which closed in 2014, should get EU aid worth €6 million to help them back into work, said Budgets Committee MEPs in a vote on Wednesday. The European Globalisation Adjustment Fund aid still needs to be approved by Parliament as a whole and the Council of Ministers. (Read more: EU job-search aid for redundant workers at French trucking firm Mory-Ducros )

 

OECD: "Don't let legal dentists take the teeth from the transparency package"

TAXE ECON Economic and monetary affairs / Taxation31-03-2015 - 15:18
Pascal Saint-Amans, director of the Center for Tax Policy and Administration at the Organization for Economic Cooperation and Development (OECD) © BELGA_AFP  

The recent Commission proposal for automatic exchange of tax rulings is "a revolutionary step towards international transparency on taxation and the fight against base erosion and profit shifting. It will change the way the world economy works for the better", said the Secretary-General of the OECD, Angel Gurria in a discussion with members of the committees for Tax Rulings and Economic and Monetary Affairs on Tuesday morning. (Read more: OECD: "Don't let legal dentists take the teeth from the transparency package" )

 

Economic affairs MEPs target conflicts of interest in benchmark setting

ECON Economic and monetary affairs31-03-2015 - 12:10

A draft EU law to make the benchmarks used to price EU citizens’ mortgages, loans and bonds more trustworthy was backed by the Economic and Monetary Affairs Committee on Tuesday. The text (lead MEP Cora van Nieuwenhuizen, ALDE, NL) aims to clean up the benchmark-setting process, by curbing conflicts of interest like those that led to the London Interbank Offered Rate (LIBOR) rigging scandals of recent years. (Read more: Economic affairs MEPs target conflicts of interest in benchmark setting )

 

Fair trials: MEPs beef up draft EU law on presumption of innocence

LIBE Judicial cooperation31-03-2015 - 10:46
. ©BELGA_DPA  

Draft EU rules to ensure that the right to be presumed innocent until proven guilty is fully respected in member states were approved by the Civil Liberties Committee on Tuesday. MEPs inserted amendments to prevent statements by public authorities that might suggest a suspect is guilty before a final conviction, ensure that the burden of proof stays with the prosecution and guarantee the rights to remain silent, not to incriminate oneself and to be present at trial. (Read more: Fair trials: MEPs beef up draft EU law on presumption of innocence )

 

Moscovici: "Corporate profits should be taxed where value is created"

TAXE ECON Economic and monetary affairs / Taxation30-03-2015 - 18:35

What guarantee is there that the Commission proposal for automatic exchange of information on tax rulings will work, given that the existing directive is a failure? How does the Commission's work on taxation relate to the work on taxation in the OECD? And should multinationals be obliged to report on a country-by-country basis in order to increase tax transparency? (Read more: Moscovici: "Corporate profits should be taxed where value is created" )

 

Democracy and values are problematic in DRC, says Denis Mukwege

DROI Human rights / External relations26-03-2015 - 12:31
Subcommittee on Human Rights (DROI) of the European Parliament exchange of views with Denis Mukwege, Sakharov Prize Laureate 2014  

Dr Denis Mukwege, the 2014 Sakharov Prize laureate, described political problems in the Democratic Republic of the Congo and his difficulties in tackling the problem of sexual abuse of women and even small children, in a Human Rights Subcommittee debate on Thursday. MEPs discussed how the EU could best support Dr Mukwege’s work, and some called for legally-binding rules on trade in conflict minerals. (Read more: Democracy and values are problematic in DRC, says Denis Mukwege )