EU in crisis
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.
Profiting from crisis - How corporations and lawyers are scavenging profits from Europe’s crisis countries
Since the economic crisis hit Europe, international investors have begun suing EU countries struggling under austerity and recession for a loss of expected profits, using international trade and investment agreements. This is revealed by a new report released today by the Transnational Institute and Corporate Europe Observatory. The investors – and the lawyers involved – are scavenging for profits amidst crisis-hit nations, providing a salutary warning of the potential high costs of the proposed trade deal between the US and the EU, which start its fourth round of negotiations today in Brussels.
February 17th 2014EU in crisis
The biggest threats to democracy, welfare and social rights in Europe today are the 'Troika' and the new system of neoliberal 'economic governance' being instated, with little public discussion, by the EU. This beginners' guide to the EU's austerity policies and the attack on social rights explains what rules have already been put in place – and some of what to expect next.