Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-053-000"
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"en.20110217.5.4-053-000"2
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"−
Mr President, Commissioner, I have given my backing to this oral question because I think it is of the utmost importance for the European Commission, and the European Union in particular, to be transparent and irreproachable where lobbying is concerned.
As you know, Brussels is the international lobbying capital, before Washington. There are more lobbyists in Brussels than in Washington, and one of the ways in which they exert their influence on the Commission is through these famous expert groups.
I am a member of the Committee on Economic and Monetary Affairs. You have, for example, a group of banking experts. Ninety-five per cent of the members of that expert group are bankers, and not just any bankers: only bankers from finance and investment banks, money market banks, and all the major US banks – J.P. Morgan, Bank of America and Goldman Sachs – are represented in it. On the other hand, there are no NGOs or trade unions in that expert group. The idea that the Commission should be advised only by investment bankers, and US investment bankers at that, with regard to changing banking rules seems totally surreal to me after the financial crisis we have gone through.
Hence there are some very precise questions and some very precise points in this oral question being put to you: are you going to change the composition of these expert groups? Are you going to ensure that the minutes are made public and that conflicts of interest are avoided? In the European Parliament, in fact, this is a completely transpartisan issue. There are left-wing MEPs, right-wing MEPs, Green MEPs and liberals who are very interested in these issues. Why were we not involved earlier in the reforms that you have introduced?"@en1
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