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Stop ISDS campaign 2019

Money matters in Europe's far-right.
It seems as if barely a week goes past these days without a high-level summit taking place in Brussels to discuss issues relating to the euro-zone crisis. Much has been said about the roots of the crisis but no one can deny that in the background is the lack of trust that people have in their national politicians and European institutions.
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Severin: Time for action

It is now 16 months since the cash-for-influence scandal rocked the European Parliament and led to the resignation of two MEPs (Ernest Strasser and Zoran Thaler).

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This year provides a rare opportunity to end some of the most outrageous rights enjoyed by big business: the investor-state dispute settlement system or ISDS. Under ISDS corporations and the rich have sued governments for billions of euros – for anything from introducing health warnings on cigarettes to banning dirty oil drilling. Campaigners and social movements are uniting in 2019 to put an end to this parallel justice system for big business.

Whenever a government passes a law which could potentially affect profits, the ISDS system enables companies to hit back with lawsuits for damages - often worth billions of euros. Under the ISDS (Investor-State Dispute Settlement) system, corporations have already sued countries for anything from introducing health warnings on cigarettes to placing a moratorium on fracking.

Fresh opposition has been voiced against a highly controversial EU policy negotiation overseen by the new Romanian EU Presidency in the coming weeks: 160 mayors, parties, trade unions and NGOs, including Corporate Europe Observatory, today wrote to the Presidency to underline their strong concerns about the ‘Services Notification Procedure’.

Coal garnered much media attention, thanks to the Polish Government and US President Trump’s support. But it was the gas industry that really stunk up the conference, its influence seeping into all corners of the negotiating halls. Luckily activists and communities were present to call industry out and demand real solutions.