Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

The financial lobby

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The investment bank Goldman Sachs has revised its registration in the EU's lobby transparency register and has substantially increased its declared lobby spend from the 2013 figure of less than €50,000 to €700,000-€799,999 for 2014. This compounds Corporate Europe Observatory's view that Goldman Sachs' original registration was not a full reflection of its EU lobbying activity. Yet despite this under-reporting, for five months the register secretariat took little action and Goldman Sachs was able to secure at least four meetings with top Commission officials.
On March 18th 2015 the European Central Bank (ECB) wants to open its new headquarters in Frankfurt. Blockupy International, which CEO and the D19-20 Alliance are part of, has put out a call for transnational actions – Let’s Take Over The Party!
LobbyControl, CEO and Friends of the Earth Europe have made a formal complaint to the EU lobby register about the entry of Goldman Sachs which the NGOs consider signficantly under-reports its lobby spend.
Subject of the Luxleaks scandal, PricewaterhouseCoopers, is also advising the Commission on tackling tax dodging
Corporate Europe Forum