Friday

9th Jun 2023

Ticker

Orbán: German €200bn shield is start of 'cannibalism in EU'

Hungarian prime minister Viktor Orbán warned that Germany's planned €200bn stimulus package could erode EU unity. "The sanctions policy is imposed on everyone, but there is no common fund to compensate for the financial consequences," Orbán said on Monday in Budapest. "The rich will bail out their companies with huge sums, while the poor cannot do this. [...] This is the beginning of cannibalism in the EU," he added.

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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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