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Tax as a force for good: rebalancing our tax systems to support a global economy fit for the future

27 February 2019
Press Club, rue Froissart 95, Brussels
 
The foundations of modern tax systems were laid down in the era of the industrial revolution: before globalisation and mass consumption, before the emergence of climate disruption and water supply risks, and before digitisation, automation and robotisation. Considering today’s fast-changing world, tax systems will need to adapt. 

Vrije Universiteit Brussel

Mobility Package: S&Ds are the only ones to broker an agreement to defend workers’ rights in the transport sector

The all-party transport committee in the European Parliament today backed the report drafted by S&D MEP Ismail Ertug on cabotage*. It reinforces transparency and workers’ rights by effectively tackling letterbox companies.
 

Socialists and Democrats secure stronger supervision of financial sector to better protect people

In a vote in the economic committee of the European Parliament today the Socialists and Democrats led the drive to strengthen the supervision of the financial sector by filling existing gaps.
 
S&D Group spokesperson on economic and monetary affairs and co-rapporteur on the legislative package on the reform of the European system of financial system supervision (ESFS), Pervenche Berès MEP, stated:

Venetia Spencer appointed Secretary General of the Polyolefin Circular Economy Platform (PCEP)

Value chain initiative Polyolefin Circular Economy Platform (PCEP) appoints Venetia Spencer Secretary General as of 2nd January 2019 to continue maximising Europe’s polyolefins recycling and work towards ensuring the supply of high quality recycled polyolefins for the European market.
 

S&D Group dismayed on alleged US decision to downgrade the diplomatic status of the EU delegation

Following reports that the US has downgraded the diplomatic status of the EU embassy, S&D Group president Udo Bullmann said:
 

Global survey from ACCA highlights international trade concerns among SMEs worldwide, and how they can maximise growth prospects

  • Global survey of more than 1,200 small medium enterprises (SMEs) reveals only 16 percent of companies worldwide have accessed advice on international trade when looking to grow their businesses
  • Amid uncertainty over Brexit, only 11 percent of UK SMEs have sought external international trade advice. Vietnam, Hong Kong and Singapore almost twice as likely to have obtained such information

After populist propaganda and costly confrontations, Italian government is forced to revert to EU rule-based banking and budget flexibility to partially remedy self-inflicted harm

Following the decision by the Italian government to prop up the troubled lender Banca Carige by giving it access to state-backed guarantees for new bond issues and funding from the Bank of Italy, the Socialists and Democrats in the European Parliament made the following statements:
 
S&D Group vice-president responsible for economic and monetary affairs, Mercedes Bresso, stated:

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