About: Wirecard

Economy & Jobs 03-11-2020

Wirecard: EU report sees ‘deficits’ in German financial oversight

A report from the EU financial watchdog says German authorities are partly to blame for the Wirecard scandal that rocked the country this year. Nonetheless, it shields one German agency (BaFin) from much of the blame. EURACTIV Germany reports.
Economy & Jobs 08-10-2020

Bundestag’s investigative committee starts work on Wirecard scandal

The Bundestag's committee looking into the Wirecard case,  Germany's biggest financial scandal in years, started work on Thursday (8 October). It could be particularly unpleasant for Finance Minister and SPD chancellor candidate Olaf Scholz. EURACTIV Germany reports.
Economy & Jobs 02-10-2020

McGuinness wants ‘full investigation’ into Wirecard scandal

The Commissioner-designate for financial services, Ireland's Mairead McGuinness, promised on Friday (2 October) a “full investigation” into the Wirecard fraud that has thoroughly shaken up Germany, to see why supervision failed.
Economy & Jobs 21-09-2020

Financial scandals harm Scholz’s image as he gears up for chancellor candidacy

Olaf Scholz, Germany's finance minister and chancellor candidate for the Social Democrats (SPD), is currently in the spotlight for his involvement in two financial scandals currently shaking German politics: the Wirecard and Cum-Ex scandals. EURACTIV Germany reports.
Economy & Jobs 30-07-2020

Wirecard scandal: Bundestag inquiry committee increasingly likely

A probe into the Wirecard affair is picking up speed. At a special session of the Bundestag Finance Committee, MPs have questioned top ministers and lobbyist influence over the government is becoming increasingly clear. Setting up a special inquiry committee is becoming more likely as a result. EURACTIV Germany reports.
Economy & Jobs 29-07-2020

Wirecard scandal: Why the German government should be nervous

Have leading politicians in the grand coalition up to the Chancellor been involved in a fraudulent scheme? The Bundestag's finance committee is looking into it.
Economy & Jobs 09-07-2020

German financial watchdog under fire following Wirecard scandal

The balance sheet scandal surrounding the payment company Wirecard raises many questions. Politicians are currently vigorously pursuing one of them: Where were the supervisory authorities? EURACTIV Germany reports.
Economy & Jobs 29-06-2020

Mastercard senior executive: ‘We want to help to achieve European sovereignty’

The European Commission will unveil later this year a strategy to integrate the retail payment sector in Europe and reduce dependency on third-country credit card firms. Mastercard, one of those players, is supportive of the EU strategy, its senior executive, Jason Lane, told EURACTIV.
Economy & Jobs 24-06-2020

Wirecard Scandal: Former CEO Markus Braun let out on bail

Almost €2 billion are missing from the balance sheets of Wirecard, a German financial services provider. Markus Braun, CEO of the company until last week, was released on bail on Tuesday afternoon (23 June) after a night in custody. EURACTIV Germany reports.
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