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Why Obama has to win

The race between Mitt Romney and Barack Obama is now coming to an end. Both candidates are effectively tied as election nears and it is crucial to remind us why Obama should be re-elected next Tuesday. I want to be clear with my America friends: Europe needs a strong and responsible America and only Barack… » read more

Posted by Gianni PITTELLA MEP

Austerity for what?

Five years after the introduction of the first austerity measures in Europe, it is time to assess the first implications of these policies on the real economy. Portugal, Greece, Italy and Spain have put in place very tough austerity measures. Some economists such as Alberto Alesina have argued that austerity might have boosted in the… » read more

Posted by Gianni PITTELLA MEP

Next Tuesday the Council of the European Union will discuss the introduction of a financial transaction tax (FTT). In 2011 the Commission proposed a directive introducing a FTT. However, it was not possible to find an unanimity in the Council. As a result, some member states have decided to go ahead and support the idea… » read more

Posted by Gianni PITTELLA MEP

A new banking union

As shadow rapporteur for the S & D Group in charge of the Banking Union, I am working to improve the project on the ECB supervision on the banking system. It is important to have a single supervisory system for the banking system in Europe as it will help reducing the fragmentation of the banking… » read more

Posted by Gianni PITTELLA MEP