The EU's financial industry spends more than €120 million per year and employs over 1,700 lobbyists to work in the EU institutions, according to new research by transparency campaigners.
The report on "The fire power of the financial lobby" published on Wednesday (9 April) by the Corporate Europe Observatory found that more than 700 different financial industry groups were active in the EU institutions in 2013.
Its findings will come as no surprise to Brussels-insiders. The lobbyi...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.