9th Jun 2023


EU prepares European version of International Monetary Fund

According to a leaked document obtained by El Pais newspaper the EU Commission is to present on 6 December a plan to turn the European Union's permanent bailout fund into a European Monetary Fund (EMF). The new fund would save euro countries in trouble, with an initial pool of €500 billion. The proposal is also expected to include creating a eurozone budget sometime in the future.

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EU's proposed ethics body 'toothless', say campaigners

Transparency campaigners say the new ethics body proposed by the European Commission will do little to prevent corruption at the EU institutions. The proposal comes six months after allegations of a Qatari corruption affair involving a former European Parliament vice-president.


The 'BlackRock exemption' has no place in the EU's due diligence directive

With the EU's Corporate Sustainability Due Diligence Directive, there's an opportunity to harness the power of investment for truly sustainable activities. But to do this, it must not allow the 'BlackRock exemption' and instead cover institutional investors and asset managers.

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