Sunday December 17, 2017
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New investigation committee formed for Volkswagen scandal

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Strasbourg: Investigation committee was formed after a voting session by the European Parliament following the Volkswagen scandal.

The explosive central question which must be answered by the 45 Members of European Parliament (MEPs) of all political varieties who have been chosen to sit on the investigative committee was the European Commission aware of fraudulent practices being used by the German automaker that is accused by the US of having rigged motors in 11 million vehicles so as to pass anti-pollutant checks with the help of a piece of software?, according to Xinhua.

Other questions posed by the highest bodies of the EU include Did the member states of the EU as well do what was necessary to enforce EU norms? Did they take appropriate and efficient measures to supervise and enforce the explicit prohibition of “invalidation devices”? Were tests representative of real driving conditions put into place? Were effective, proportional, and dissuasive sanctions, applicable to automakers in cases of violation, established?

In October, the European Parliament strongly requested explanations from EU industry commissioner Elzbieta Bienkowska, then voted on a resolution demanding a deeper investigation on the role and responsibility of the European Commission and EU member states in the scandal.

Several MEPs railed against the “going off the rails of the Volkswagen lobbies”, going as far as accusing the German government of being complicit.

In the political storm raised by what has been referred to as “Diesel Gate”, not only has the jewel of German industry been threatened, but also the health and credibility of the European auto sector in general.

French automaker Renault confirmed on Tuesday that it would recall nearly 16,000 vehicles equipped with diesel motors because of “an error detected and corrected” in the summer of 2015 while affirming that these models respected norms currently in force.

The investigative committee of the European Parliament will present a preliminary report within six months and a final report within twelve months from the beginning of its work. It will hold its first meeting in February in order to name its President and Vice Presidents.(IANS)(image: mashable.com)

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EP Vice President writes Modi personal letter, embraces his vision ‘Make in India’

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Modi
Image source: digitalindiainsight.com
Brussels: Mr Ryszard Czarnecki, Vice President, European Parliament, appreciated Prime Minister of India, Mr Narendra Modi through a personal letter ahead of India-EU Summit. Vice President Czarnecki strongly mentioned in his letter that European Parliament welcomes Mr Modi’s visit and hopes that this visit further leads to rejuvenating and strengthening India-EU…

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Even temporary Grexit not an option, says European Parliament president

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Martin-schulz

 

Brussels: “We must reach an agreement today and I believe we will, as the future of Europe is at stake,” Martin Schulz, president of the European Parliament, told reporters on Sunday afternoon after delivering a speech at an ongoing meeting on Greek debt issue.

“Grexit, even temporary Grexit, is not an option,” he said.

The president said a strong majority in the European Parliament is determined to keep Greece in the eurozone. “A Grexit would be a lose-lose situation for all, with unpredictable, possibly catastrophic consequences,” Xinhua quoted him as saying.

However, Schulz underlined that Greece must be the first to help itself. Otherwise, any solution will not be sustainable.

He added a European solution is about reaching a compromise, one in which the different expectations of all parties are met.

“I urge all of you to act with responsibility and solidarity. This is not a time for divisions. It’s time for unity,” he said.

Germany’s Chancellor Angela Merkel called the talks on Greece’s debt rescue “extremely difficult” and ruled out “agreement at any price”, according to a BBC report.

Merkel said the eurozone leaders would be considering whether “the conditions are met” to start negotiations on a third bailout.

“That’s what is at stake, nothing more and nothing less,” she said.

But she warned that there would be “no agreement at any price”. “We have to make sure the pros outweigh the cons — for Greece’s future, for the entire eurozone and the principles of our collaboration,” the German chancellor added.

The leaders of 19 eurozone member countries have gathered here to discuss Greece’s bailout programme as EU finance ministers’ meeting ended without an agreement.

Without a debt deal in the coming hours, Greece faces financial collapse and Grexit. Greek banks have been closed for the past two weeks and are running out of cash while the country’s economy is suffering from capital controls.

Besides, Greece has been in arrears to the International Monetary Fund since July 1 and faces a 3.5-billion-euro debt repayment to the European Central Bank on July 20.

(IANS)