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Are some hikes due to under-reporting? (Photo: Gyver Chang)

Banks declare massive increase in EU lobbying

Banks and internet giant Google are among firms to declare huge increases in spending on EU lobbying as tougher transparency rules enter into life.

JP Morgan Chase says its lobbying costs in Brussels went up from €50,000 in 2013 to between €1,250,000 and €1,499,999 in 2014 - a 30-fold increase.

Goldman Sachs' figures rose from €50,000 to between €700,000 and €799,999 in the same period - a 14-fold hike.

UBS climbed from between €200,000 and €250,000 to €1.7 million - a se...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Are some hikes due to under-reporting? (Photo: Gyver Chang)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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