Tuesday

26th Sep 2017

Barroso rejects 'discriminatory' criticism

  • Barroso: "I have never sought a privileged position but I would not expect to be discriminated against." (Photo: consilium.europa.eu)

Former European Commission president Jose Manuel Barroso has said that critics of his new job at the Goldman Sachs bank are "discriminatory".

In a letter seen by the Financial Times newspaper, Barroso says that any claims that his post "raises questions of integrity … are baseless and wholly unmerited. They are discriminatory against me and against Goldman Sachs.”

Thank you for reading EUobserver!

Subscribe now and get 40% off for an annual subscription. Sale ends soon.

  1. €90 per year. Use discount code EUOBS40%
  2. or €15 per month
  3. Cancel anytime

EUobserver is an independent, not-for-profit news organization that publishes daily news reports, analysis, and investigations from Brussels and the EU member states. We are an indispensable news source for anyone who wants to know what is going on in the EU.

We are mainly funded by advertising and subscription revenues. As advertising revenues are falling fast, we depend on subscription revenues to support our journalism.

For group, corporate or student subscriptions, please contact us. See also our full Terms of Use.

If you already have an account click here to login.

The US investment bank announced in July that Barroso, who was for 10 years the EU commission chief, was to become non-executive chairman and adviser on Brexit.

The move prompted an outcry on potential conflict of interest. It also caused a political backlash because Goldman Sachs was seen as a villain in the eurozone crisis because it helped Greece to hide the real level of its debt.

Last Friday (9 September), Barroso's successor Jean-Claude Juncker decided to have the case examined by en ethics committee.

The commission, said Juncker in a letter to the EU Ombudsman, will send Barroso "a letter asking him to provide clarifications on his new responsibilities and the terms of reference of his contracts".

Juncker added that the former commission chief would also be treated as an ordinary lobbyist when he visits his former HQ.

In protocol terms, he would not get VIP access, but would have to get a visitor’s badge and undergo a security check.

“I have never sought a privileged position, but I would not expect to be discriminated against," Barroso said in the leaked letter.

Referring to the probe launched by Juncker, he said he "would like to understand how this decision has been taken, by whom and on what grounds."

"Not only are these actions discriminatory but they appear to be inconsistent with decisions taken in respect of other former members of the commission,” he added.


Barroso might have been thinking of the recent case of Neelie Kroes, one of his former commissioners, who joined the US car-sharing company Uber this year.

Kroes was commissioner for digital policies, a portfolio in which she dealt with the rise of Uber and other emerging internet companies.

EU launches probe into Barroso ethics

Jean-Claude Juncker told EU ombudsman that his predecessor will be treated as just another lobbyist and will be subject to scrutiny by a special ethics committee.

EU commission under fire over Barroso bank job

Barroso did not break any rules and the rules do not need changing, the EU commission said, after its former chief joined the bank that helped to break Greece at a turbulent time in Europe.

Opinion

Barrosogate: What next?

Barrosogate is putting to the test an already weak oversight system of former EU commissioners and highlighting the limits of the lobbying regulatory regime.

Barroso had deeper ties to Goldman Sachs

The US bank made "confidential" suggestions on changes to EU policy changes during the former Commission chief's time in office, newly released documents reveal.

May seeks EU grace period

Eagerly awaited Brexit speech was short on details, but May pledged to honour financial commitments while calling for a two-year transition deal after the UK left.

Stakeholders' Highlights

  1. EU2017EEEU Finance Ministers Agreed to Develop New Digital Taxation Rules
  2. Mission of China to the EUGermany Stands Ready to Deepen Cooperation With China
  3. World VisionFirst Ever Young People Consultation to Discuss the Much Needed Peace in Europe
  4. European Jewish CongressGermany First Country to Adopt Working Definition of Antisemitism
  5. EU2017EEFour Tax Initiatives to Modernise the EU's Tax System
  6. Dialogue PlatformResponsibility in Practice: Gulen & Islamic Thought
  7. Counter BalanceHuman Rights Concerns Over EIB Loan to the Trans Anatolian Pipeline Project
  8. Mission of China to the EUChina Leads the Global Clean Energy Transition
  9. CES - Silicones EuropeFrom Baking Moulds to Oven Mitts, Silicones Are a Key Ingredient in Kitchens
  10. Martens CentreFor a New Europeanism: How to Put the Motto "Unity in Diversity" Into Practice
  11. Access MBAGet Ahead With an MBA Degree. Top MBA Event in Brussels
  12. Idealist QuarterlyIdealist Quarterly Event: Building Fearless Democracies With Gerald Hensel