Tax evasion: MEPs back automatic exchange of bank data to track account owners

Published: 23 November 2016

In the wake of several tax evasion scandals, including the “Panama Papers” revelations, Parliament has backed Council’s position, and given the go ahead, by 590 votes to 32, with 64 abstentions, for tax authorities across Europe to automatically share information about bank account holders.

The new rules will enable and oblige tax authorities with anti-money laundering responsibilities in any EU country to automatically share information such as bank account balances, interest income and dividends, with their counterparts in other member states.

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Debate on Brexit and its consequences

Published: 29 June 2016

Opening the extraordinary session, European Parliament President Martin Schulz noted that this was the first time that a plenary session had been convened at such short notice, but also that the UK citizens’ decision to leave the EU was equally unprecedented. He warmly welcomed Lord Hill and thanked him for his work in the EU Commission and deciding to step down, having campaigned for Britain to remain in the EU. His statement was followed by standing ovations from both MEPs and Commissioners.

"It will be in the interest of us all to ensure that a future relationship will be constructive and mutually beneficial.  No-one will benefit from a prolonged period of political limbo", said Dutch minister Jeanine HENNIS-PLASSCHAERT, representing the EU’s rotating presidency. "At the same time, we should allow the UK the time it needs to recuperate and take the necessary decisions. Now, a part of Europe's challenge is to convince citizens that unity remains the best choice. The fact that fragmentation is no longer unthinkable, should gravely concern us all", she added.

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Parliament starts its new term with seven political groups

Published: 26 June 2014

Seven political groups have now been recognised as fulfilling the necessary criteria and will be starting their work at next week’s plenary session in Strasbourg where Parliament’s top posts will be decided by MEPs. Parliament rules foresee that political groups should have at least 25 MEPs from seven different member states. Read on to find out more about the political groups and their leaders.

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Martin Schulz re-elected President of the European Parliament

Published: 02 July 2014

MEPs re-elected Martin Schulz as President of the European Parliament for another two and a half year term. The 58-year old German MEP will lead Parliament until January 2017. He won 409 out of 612 valid votes cast in the first ballot.

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Results of the 2014 European elections

Published: 26 May 2014

Find the updated European elections results.

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