Green MEP Molly Scott Cato is calling on the European Council and Commission to take swift and decisive action in the wake of revelations that Luxembourg has been facilitating millions of pounds in tax evasion by multinationals. European Commission President Jean-Claude Juncker was Luxemburg’s finance minister and then prime minister throughout this period. Dr Scott Cato, … Read moreMEP calls for firm action in wake of Luxemburg tax avoidance scandal
Molly Scott Cato, MEP for the South West and Green Party finance speaker, has said that EU demands for an extra £1.7bn from the UK towards the EU budget raises serious questions.
The new European Commission has today been accepted by the European Parliament but was voted against by Molly Scott Cato, the UK’s other two Green MEPs and many other MEPs as well. The Greens/EFA political group in the Parliament opposed the appointment of the entire Commission. One of the appointments causing concern for the UK’s … Read moreUK Green MEPs reject new European Commission
Molly Scott Cato, Green MEP for the South West, has had a second opportunity to question President Junker’s choice of European Finance Commissioner, Jonathan Hill, in an unprecedented second hearing in the European Parliament. Jonathan Hill has been called back for a second hearing as many MEPs felt he failed to adequately address concerns regarding … Read moreGreen MEP gets second chance to grill Hill
Molly Scott Cato MEP has had an opportunity to question Jonathan Hill, a Eurosceptic and former financial lobbyist, and President Junker’s choice of European Finance Commissioner. Greens in the European Parliament have been highly critical of the planned appointment believing that his previous role in the City of London will make him reluctant to take … Read moreSouth West Green MEP quizzes ‘poacher turned gamekeeper’ commissioner
Greens in the European Parliament have reacted with disbelief and bewilderment to news that Eurosceptic UK Commissioner Lord Hill is to be given the portfolio for financial services . The post, fully entitled “financial stability, financial services and capital markets union” Commissioner, is a significant economic post in the European Commission. Lord Hill will be … Read moreDisbelief as Eurosceptic pro banking commissioner given European financial portfolio
Huffington Post blog Published 10th Sept 2014 http://www.huffingtonpost.co.uk/molly-scott-cato/politics-business_b_5789824.html Molly writing with her Green colleague Sven Giegold who both sit on the European Parliament’s Economics and Monetary Affairs Committee (ECON). Using the example of Sharon Bowles, ex-chair of ECON who has taken up a directorship at the London Stock Exchange, this article explores how politicians damage … Read moreBrussels Revolving Door Leads Straight to the City
Huffington Post blog Published 22nd July 2014 http://www.huffingtonpost.co.uk/molly-scott-cato/the-sweet-drug-of-bank-su_b_5605867.html Written with her Green colleagues in the European Parliament: Bas Eickhout (Netherlands), Sven Giegold (Germany), Eva Joly (France), Philippe Lamberts (Belgium), and Ernest Urtasun (Spain). The article looks at the dominance of large banks in the financial services sector and how they would be making heavy losses … Read moreThe Sweet Drug of Bank Subsidies
Guardian: Comment is Free Published 23rd April 2014 http://www.theguardian.com/commentisfree/2014/apr/23/reason-drugs-cost-so-much-big-pharmaceuticals-rich Molly explores how the lack of a free market makes drugs very expensive, and increasing market consolidation will only exacerbate the problem still further.