Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

Battle For Corporate Investment Rights

  • Dansk
  • Nederlands
  • English
  • Suomi
  • Français
  • Deutsch
  • Ελληνικά
  • Italiano
  • Bokmål
  • Polski
  • Portuguese
  • Română
  • Slovenščina
  • Español
  • Svenska
New investment powers, granted to the EU Commission under the Lisbon Treaty, will still allow multinational companies to claim compensation when national laws designed to protect the environment or public health damage their profits, according to proposals put forward by the EU Commission this month. The draft legislation on the protection of international investment – an area previously governed by member states – was an opportunity to change the current system under which national agreements frequently give companies investing overseas excessive protection from legislation in the host country. But following an intense lobby campaign from industry and EU member states led by Germany and the UK, the Commission has opted to protect the status quo. The Commission’s proposals will now be considered by the EU Parliament and the Council.
 
Sign the petition to ‪cancel Greek debt‬
Following the publication of the Carte Blance for Fracking report earlier this year, CEO and Friends of the Earth Europe have submitted a complaint to the European Ombudsman about the industry dominated advisory group convened by the Commission to get fracking introduced through the back door.
Has the issue of tax avoidance ever been as important as in the current era of (Commission-backed) austerity? Public budgets continue to be slashed for want of public money, yet the news is filled with corporations avoiding taxes at the same time as their profits are at a record high. So it should be of serious concern to Europe's 500 million citizens that the European Commission has invited to its new advisory group on taxation the very same organisations involved in avoiding it, as well as their tax advisors.
Corporate Europe Forum