The EU's Comprehensive Economic and Trade Agreement (CETA) with Canada could unleash a wave of corporate lawsuits against Canada, the EU and its member states – including through the Canadian subsidiaries of US multinational corporations. This is the result of an in-depth analysis of CETA’s investor rights by Corporate Europe Observatory and 14 other environmental NGOs, citizens’ groups and workers unions from both sides of the Atlantic published today.
Is it appropriate to let a former board member of a Deutsche Bank investment fund go straight from there to a key position in the new European supervisory structure for banks? What's the problem with hiring people with strong links to financial corporations to monitor the big banks? Or to be part of decisions on whether measures to ensure financial stability should be imposed on them or not? And can they keep working in the financial sector at the same time? If you ask the European Central Bank, there is absolutely no problem with this scenario.
Attac Austria and Corporate Europe Observatory are today launching new 'wanted posters' about prospective members of the new European Commission, to expose details of their corporate backgrounds or other aspects of their careers which make them unsuitable to act as commissioner and promote the interests of 500 million European citizens.