Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

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“The streets of Athens erupted with some of the worst rioting and political violence seen in the country in years.” “Rioting Greeks torched buildings and looted dozens of shops as they battled police in central Athens to protest harsh austerity measures.” These were some of the headlines of the global corporate media about last Sunday’s demonstrations in Greece, often accompanied by photos of burned down buildings.

The strike organised by Belgian trade unions today is a very important statement against the austerity policies that are currently introduced in Belgium and across Europe, causing social injustice and deepening the economic crisis. The unions very clearly emphasise the problematic role of the EU which, as the ABVV-FGTB union states, "forces the member states into a blind austerity policy". The strike happens on the day where EU leaders meet for a two-day summit in Brussels to agree on a new EU treaty that will take further sweeping steps in imposing rigid budget discipline and austerity policies across the continent. Strikes like the one today and other forms of citizens' protests are exactly what is needed to save European welfare states and prevent the crisis from spiralling out of control.
Crucial decisions “to save the Euro” and “to save Greece” were made at the Euro Summits in July and October 2011. While the decision making process was taking place, the press reported several informal negotiations between EU leaders and the banks, mostly represented by the Institute of International Finance (IIF). What was exactly the role of this lobby group in the final decisions? And what did it get from the deal?

 

The goal of the summit is to assess progress made since the Earth Summit as well as address new challenges. On the agenda will be institutional reform of governance on global environment issues, which could lead to strengthening of UNEP (the French government’s proposal for a World Environment Organisation is not going to happen). The most intense discussion in the preparatory process is around the ‘Green Economy’ agenda promoted by UNEP, a concept that could replace ‘sustainable development’ as the dominant discourse.

 

European banks, pension funds and insurance companies are increasing global hunger and poverty by speculating on food prices and financing land grabs in poorer countries, according to Farming Money, a new report just released.

The European Food Safety Authority’s (EFSA) new independence policy allows the possible subversion of scientific advice by industry’s vested interests, Corporate Europe Observatory said following publication of the policy on Wednesday. It is due for approval by the EFSA Management Board when it meets tomorrow in Warsaw.

Comment piece published in Public Service Europe on December 8 2011.

The EU's emissions trading system has fundamental flaws and is failing to deliver the carbon cuts needed, campaigners told a debate in Brussels (Tuesday) ahead of the start of UN climate talks in Durban, South Africa.

And an MEP warned the debate that industry lobbying was damaging the EU's position on climate change, accusing BusinessEurope of failing to represent the views of its members who are calling for tougher targets.

Kenneth Haar and Yiorgos Vassalos join a TNI podcast discussion on the eurozone crisis and the Greek decision to hold a referendum.

http://www.tni.org/multimedia/will-mercozy-deal-save-greece-and-euro

Finance sector lobbyists are pushing the European Commission to block tighter regulation of the EU’s carbon market, a new report from Corporate Europe Observatory and Carbon Trade Watch, published today, reveals.

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The Brussels Business: Who runs the EU?

Corporate Europe Observatory

Corporate Europe Observatory (CEO) is a research and campaign group working to expose and challenge the privileged access and influence enjoyed by corporations and their lobby groups in EU policy making.

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