During her introductory speech, Ms McGuinness told MEPs that her guiding priority would be to put people front and centre of the roll out of the EU’s financial services architecture. The financial system must be used to underpin a more inclusive society. Ms McGuinness also said she would prioritise lending to the real economy, especially…
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Commissioner Hearings
Both Mairead McGuinness and Valdis Dombrovskis undergo hearings at the European Parliament today concerning their nomination to Commissioner positions. The appointments are pursuant to the resignation of Phil Hogan following his error in failing to respect national rules in Ireland on social distancing imposed as a result of the coronavirus pandemic. President von der Leyen…
Vestager Appeals Court Decision on Apple’s Tax Bill
EU competition Commissioner Margrethe Vestager has decided to appeal the July EU General Court ruling annulling her 2016 decision ordering Ireland to recover €13 billion in state aid paid to Apple. Pedro Marques, S&D spokesperson on tax matters, commented: “We applaud Vestager for her willingness to push for more fairness in corporate taxation. We hope she…
McGuinness Replaces Hogan
Commission President von der Leyen has proposed Mairead McGuinness as candidate to succeed the resigned Irish Commissioner Hogan to the Council and the European Parliament. McGuinness’ portfolio is financial services, financial stability and capital markets union. Commission Vice-President Dombrovskis takes over the trade portfolio from Hogan. The Irish government had proposed to the President of…