
Massive interventions by the FDP and industry lobbyists have prevented the EU Commission's planned ban on commissions for the sale of financial products. For the time being. But after the Bafin in Germany is taking a closer look it becomes clear: A restriction on the so far unbridled practice is likely to come.
By Horand Knaup
The Brussels-based authority will present its proposals for reforming the Stability and Growth Pact on Wednesday. In doing so, it is taking up some of the German government's concerns, as a draft shows.
By Till Hoppe
The German government is pushing for the reform of the Stability and Growth Pact to include fixed criteria for debt reduction. There is only limited support for this in the EU Commission.
By Till Hoppe
After Transport Minister Wissing, now Finance Minister Lindner: Once again, an FDP cabinet member is causing trouble at EU level with late amendments. With his demands on the Stability Pact, Lindner partly got his way. But this has come at a price.
By Till Hoppe