Friday

9th Jun 2023

Ticker

EU Commission triggers article 7 against Poland

The European Commission decided Wednesday to trigger article 7.1 of the EU treaty, launching a sanction procedure over the rule of law in Poland. It gave the Polish government three months to implement new recommendations in order to suspend the procedure. "The constitutionality of legislation cannot be guaranteed" after recent reforms, commission first vice president Frans Timmermans said, noting that "the ruling majority can systematically politically interfere" in the judiciary.

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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.

Opinion

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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