Archives: Economics

South West Green MEP quizzes ‘poacher turned gamekeeper’ commissioner

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 […]

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Disbelief as Eurosceptic pro banking commissioner given European financial portfolio

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 [1]. 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 […]

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Brussels Revolving Door Leads Straight to the City

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 […]

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The Sweet Drug of Bank Subsidies

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 […]

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The real reason drugs cost so much – and why big pharma is so rich

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.

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