News & press releases
PES unites in Renewed Tax Transparency calls after Panama Papers
The ‘Presidency’ of the Party of European Socialists (PES), including MEPs and senior politicians representing socialist and democrat parties from across Europe has met today in Brussels and agreed on key policy issues.
The PES Presidency agreed political declarations on the key issues of terrorism, fair mobility, the PES European Youth Plan and closing tax loopholes.
PES welcomes European action on tax transparency
The PES welcomes the proposals from Commissioner Moscovici, a member of the PES political family to address the issue of tax evasion and tax fraud. It requires companies with annual income of more than 750 million to comply with the new proposal on a public Country by Country Reporting. An estimated 6,000 multinationals active in the EU would need to disclose publicly their tax-related information. This proposal is a good base from which we can start to ensure that tax cannot be avoided.
Panama Papers reveal fraud on industrial scale
Today’s revelation of documents from the Panama-based company Mossack Fonseca show how a rich people from around the world have hidden assets, evaded tax and laundered money. They contain details on more than 214,000 offshore entities connected to people in more than 200 countries and territories.
Commission winter energy package: Enhanced energy supply security through cooperation, solidarity and combating energy waste
Today, Maros Sefcovic (PES), European Commission Vice-President for Energy Union presented the Commission’s ‘Energy Union winter package’ to strengthen and modernise the EU energy framework and make it more resilient against interruptions from or to external gas suppliers.
PES Finance Ministers discuss the economic priorities and challenges for 2016
The Party of European Socialists Finance Ministers met today in Brussels prior to the ECOFIN Council to coordinate their positions. The Ministers discussed the state of play of implementation of the Banking Union and exchanged their views on the economic and financial priorities and challenges they foresee in the future.
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