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Financial policy

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Feature

Due diligence obligations: financial sector to be privileged

If the Council had its way, the financial sector would be almost entirely excluded from the EU's duty of care legislation. What this means in concrete terms is shown by an example from Mexico, in which a Luxembourg financial holding company is also involved. The case clearly shows how difficult it is to clarify the question of the responsibility of financial service providers.

By Charlotte Wirth

Feature

NGEU: Court of Auditors does not rule out subsequent rework

The European Court of Auditors wants to keep a close eye on the Commission and member states as they implement the NextGenerationEU buildup program. In an interview with Table.Media, Klaus-Heiner Lehne, a German member of the Court, says where he sees a potential need for improvement.

By Max Mustermann

Feature

Finance ministers discuss debt reform

Time is running short. As early as March, the heads of state and government are expected to give the Commission direction on reforming the Stability and Growth Pact. At present, however, the positions are still far apart. A meeting of the finance ministers tomorrow is unlikely to change that much.

By Max Mustermann