May 14th 2014The power of lobbies
Corporate Europe Observatory has gathered a lot of evidence over time and covering many different areas that shows how the Commission is easily captured by corporate interests. This report is an attempt to produce a condensed version of how the Commission has come to act on behalf of corporations over the past five years, focusing on climate policies, agriculture and food, finance, economic, and fiscal policies.
May 12th 2014The power of lobbies
April 16th 2014International trade
At the end of March, the European Commission launched a public consultation over its plan to enshrine far-reaching rights for foreign investors in the EU-US trade deal currently being negotiated. In the face of fierce opposition to these investor super-rights, the Commission is trying to convince the public that these do not endanger democracy and public policy. See through the sweet-talk with Corporate Europe Observatory’s guide to investor-state dispute settlement (ISDS).
Despite a manifest presence of “the financial lobby” in the EU decision-making, until now there has been no comprehensive survey of its size and power in the EU. A new report by CEO, ÖGB Europabüro and AK EUROPA is intended to fill that void. The findings are stunning. In total the financial industry spends more than €120 million per year on lobbying in Brussels and employs more than 1700 lobbyists.
In the run-up to the European elections in late May, many members of the European Parliament (MEPs) will be considering their future careers. If experiences from the end of the previous parliamentary term in 2009 are any indication, many will be approached by lobby firms and industry groups hoping to entice them through the revolving door: the route from the European Parliament to Brussels' for-profit lobby circles is a well-trodden path.