PES

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Financial markets

14/10/2009

Buying their way out of regulation: hedge funds, private equity and the UK Conservative Party

By Poul Nyrup Rasmussen Read the research paper on how lobbying by the UK Conservative party and London Mayor against European regulation of hedge funds and private equity funds coincides with a recent surge of massive donations from the industry.

26/09/2009

Now G20 must deliver a financial transaction tax

PES President Poul Nyrup Rasmussen hailed the G20’s Pittsburgh meeting as "potentially historic", but the next few months would be crucial for its legitimacy."The Pittsburgh summit is potentially historic as it creates a permanent

14/09/2009

Steinmeier’s proposed transaction tax allows fair burden-sharing

PES President Poul Nyrup Rasmussen today gave his full support to the SPD Chancellor-candidate’s proposal for the adoption of a global financial transaction tax at the G20. “I strongly back Frank-Walter Steinmeier’s proposal for a global

12/09/2009

Rasmussen and Gilmore canvass for Lisbon Treaty in Dublin

Labour Party Leader Eamon Gilmore, and President of the Party of European Socialists, Poul Nyrup Rasmussen have canvassed the streets of Dublin for the Lisbon Treaty. They were joined by Joe Costello TD, Director of the Labour Party Lisbon Campaign;

03/09/2009

Socialists step up engagement for new global deal

European Socialists are stepping up their engagement with US and Japanese Democrats – and with other progressive political parties, trade unions and NGOs outside Europe – by giving a big boost to the Global Progressive Forum.Actions taken to

02/09/2009

London Mayor out of touch on financial reform

Commenting on the Mayor of London’s visit to Brussels to lobby Commissioner McCreevy and MEPs against regulation of hedge funds and private equity, PES President Poul Nyrup Rasmussen said “Boris Johnson is out of touch with reality if he thinks

03/06/2009

Steinmeier adds to PES pressure for new recovery effort

PES President Poul Nyrup Rasmussen strongly welcomed Franz-Walter Steinmeier’s calls for more coordinated stimulus spending in the Eurozone. Rasmussen also backed Steinmeier’s proposal for more support for eastern European economies at risk.

03/06/2009

Commission moves around social fund while unemployment rockets

Commenting on the Employment Plan published by the European Commission, PES President Poul Nyrup Rasmussen said “Europe needs more than a shared commitment for employment – it needs much stronger action right now.”“If your house is on fire

27/05/2009

Brown opens debate on new recovery plan

Welcoming Gordon Brown’s call for a strengthened European growth strategy and more help for eastern European economies facing special difficulties, published today in the Financial Times, PES President Poul Nyrup Rasmussen said “Gordon Brown has

27/05/2009

Commission must resist pressure to weaken financial supervision proposals

Commenting on the European Commission’s communication on financial supervision released today, PES President Poul Nyrup Rasmussen said: “The de Larosière recommendations are pragmatic but a vital step forward to restore trust in the financial