Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

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Peers reject "flawed" EU transaction tax

LONDON (Reuters) - Britain must veto European Union plans to tax financial transactions as they are flawed and would likely prompt banks to relocate, a House of Lords' report said on Friday.
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A report from Corporate Europe Observatory (CEO) released on Thursday said the financial industry had been successful in mounting a "full scale scaremongering lobby" against the tax.
"With the proposals now to be decided by the EU Council, which requires unanimity on taxation issues, Europe's financial transaction tax looks destined for the dustbin," said CEO, which tracks EU-focused lobbying.
Published by: 
The Guardian
 

Ahead of the Commission's proposal for a new ‘mandatory’ lobby transparency register, CEO takes a look at the summary of the public consultation on the subject: civil society's call for better transparency systems faces the spin of corporate lobby groups and trade associations, which appear to promote transparency values but recommend limited implementation, loopholes and toothless management.

CEO's reaction to the the Bahamas leaks, which revealed ex-EU competition commissioner Neelie Kroes' offshore links.

The European Commission's upcoming regulation proposal for acrylamide, a dangerous contaminant formed in many starchy foods when cooked at high temperatures, relies on codes of best practices developed by food industry lobby groups.

The Juncker Commission last week informed the European Ombudsman that it would refer Barroso’s appointment as chairman of Goldman Sachs to its Ad hoc Ethical Committee. But what is the Ad hoc Ethical Committee, who sits on it and what is it likely to say?

The Commission proposal for 'mandatory' transparency register is a disappointment. Its measures will do little to help journalists, civil society and citizens scrutinise the corporate lobbies trying to manipulate EU policies in their favour.
Corporate Europe Observatory is looking for an experienced, creative and dynamic outreach and mobilisation organiser to strengthen our visibility as well as public engagement with CEO's work in countries across Europe. The 13-month contract will run from 1 December 2016 to 31 December 2017.
CETA is a sweeping trade deal restricting public policy options in areas as diverse as intellectual property rights, government procurement, food safety, financial regulation, the temporary movement of workers, domestic regulation and public services, to name just a few of the topics explored in this analysis.
The International Civil Aviation Organization is expected to agree a new climate deal at its current assembly meeting. But its promise of “carbon neutral” flying through voluntary carbon offsetting is delusive, posing new threats to the environment and communities.
 
 
 
 
 
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The corporate lobby tour