As Ursula von der Leyen’s candidate to become Executive Vice-President of the European Commission in charge of the “Economy that Works for People”, Valdis Dombrovskis will also be responsible for the financial services portfolio over the next five years. He was being interrogated by European Parliamentarians on Tuesday, 8th October 2019 – you can watch the video of the hearing here, and you can find our live comments below:
- On taxonomy
During #EPhearing2019, Executive Vice-President-designate @VDombrovskis does not really respond to @BasEickhout ➡️ let’s start work on a #BrownTaxonomy & start implementation of #greenTaxonomy in 2020 pic.twitter.com/sj81bV9ZIa
— Finance Watch (@forfinancewatch) October 8, 2019
- On mandatory disclosure and financial stability
Good news from @VDombrovskis on intentions to implement #BaselIII BUT we should be wary of industry’s claims that European banks need tailor-made rules #CRDVCRR2. Tackling #TooBigToFail is key + requires structural reforms #EPhearings2019
More info ➡️ https://t.co/IK8QKTkTfx pic.twitter.com/eXpAueeokg
— Finance Watch (@forfinancewatch) October 8, 2019
On financial inclusion and the Capital Market Union:
At @ECON hearing, @VDombrovskis says he will gather views on future of #CMU in coming weeks. Our views on CMU ⬇️ #EPhearings2019
More information: https://t.co/X8pAFDZeuU pic.twitter.com/IrBAD4vBQn
— Finance Watch (@forfinancewatch) October 8, 2019
- On financing the Green New Deal
? #EuropeanGreenDeal: the financing is key! Read our joint civil society briefing ➡️ https://t.co/FaWL3HVlRb#Deal4Nature #EPhearings2019 @TimmermansEU pic.twitter.com/BBMj9Qe9AS
— Finance Watch (@forfinancewatch) October 8, 2019