Green economy  |  Publications  |  31.08.2011

Bringing the finance industry back into line

The world is facing one of the major economic and financial crisis since the Great Depression. In that context, the Economic and Monetary Affairs Committee of the European Parliament (ECON) has the co-responsibility, alongside the Council under the codecision rules of the European treaties, to learn the lessons from the crisis by re-regulating financial markets and banks, and designing effective economic governance. 

Our world is not only facing an economic crisis but also an ecological and social one. Simply reinstalling the old system is not an option. Guided by this conviction, and on behalf of the whole Green group in the European Parliament, Pascal Canfin, Sven Giegold, Eva Joly and Philippe Lamberts have been working on issues such as financial regulation, macroeconomic policy and taxation as well as lobbying. 

Green Members of the European Parliament (MEPs) have been vocal and persuasive within the ECON committee. This document provides a selective overview of the work and the main achievements as well as lost battles of Green MEPs at the Economic and Monetary affairs Comittee from the start of the new mandate in June 2009 to January 2011.

Text adapted from introduction to the report 

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