Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

Austerity forever

  • Dansk
  • Nederlands
  • English
  • Suomi
  • Français
  • Deutsch
  • Ελληνικά
  • Italiano
  • Bokmål
  • Polski
  • Portuguese
  • Română
  • Slovenščina
  • Español
  • Svenska

The European Union’s new model of economic governance, including the Euro Pact, is a model of prolonged austerity.

The EU’s response to the economic crisis is setting member states on course towards a model of permanent austerity, including widespread attacks on social rights. To prevent any resistance, the model being put forward by the EU aims at minimising or even totally getting rid of democratic interference. This is clear from an overview of the legislative initiatives which have been adopted since the eurocrisis began, or which are expected to be adopted imminently.

 

Polluters in Peru blog

A crusade for big business-friendly deregulation, waged during José Manuel Barroso's Presidency of the European Commission, shows no signs of stopping. This neoliberal push to weaken or block new legislation appears likely to expand with Jean-Claude Juncker's new Commission team.
Answer the call from the D19-20 Alliance in Belgium to take to the streets against TTIP and austerity on Friday 19th December 2014, as the second day of the European Council Summit unfolds
The ESM, the euro area’s permanent bailout fund set up in 2012, is an international organization that operates behind closed doors, far from public scrutiny. The institution at the heart of EU loans to debt-ridden member states is doing its best to stave off any national influence over the conditions attached to its loans. In addition it is working closely with private consultancies, which appear to have conflicts of interest. However, the ESM is immune to democracy; we have no right to know what it is up to.
On the 15-16th of May, a People's Tribunal Hearing took place in Brussels. Representatives from organisations across Europe gave testimony to an era of financial, economic and social crisis which began in 2008. Since the beginning of the crisis, a transformation has occurred that takes Europe on a track to social regression, violations of social rights and a roll-back of democratic achievements. This verdict outlines the main conclusions of the Tribunal based on the reports and analysis from all speakers.
375 civil society organisations from across Europe have called on MEPs to protect citizens, workers, and the environment from the threats posed by the controversial TTIP talks.
The 'cash for access' scandal in the UK has taken the House of Commons by storm and prompted a vote about banning certain second jobs for MPs. CEO looks at what the scandal shows us about the loopholes in the European Parliament's own rules and procedures.
Corporate Europe Observatory analyses the UK government's grid of stakeholders working on TTIP which clearly illustrates how the forces for and against the EU-US trade deal are shaping up.
The recent cases of former MEPs going through the revolving door, including a number of UK Liberal Democrats, has once again shown why the European Parliament needs to draw up new rules to tackle the risk of any possible conflicts of interest arising.

Alternative Trade Mandate

Corporate Europe Forum