Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Barroso faces EU probe over bank job

Barroso faces EU probe over bank job
Copyright 
By Euronews
Published on
Share Comments
Share Close Button

Former European Commission chief Jose Manuel Barroso faces an ethics probe after he joined Goldman Sachs.

Former European Commission chief Jose Manuel Barroso faces an ethics probe after he joined Goldman Sachs.

His successor Jean Claude Juncker ordered the investigation following Barroso’s appointment in July as an advisor to the US investment bank.

Juncker has sent Barroso “a letter asking him to provide clarification on his new responsibilities and the terms of reference of his contract.”

European Ombudsman Emily O’Reilly said she was pleased the head of the EU executive had responded to the concerns

A group of MEPs have called for Barroso’s EU pension to be withheld.

Former EU commissioners can lose pension riights if a breach of the EU’s ethical code can be proven.

Barroso is yet to respond to Juncker’s letter, which stresses that the former Portuguese premier will be treated as a lobbyist on his next visit to the Commission’s headquarters in Brussels.

It means he will be granted none of the VIP treatment normally reserved for former presidents of the institution he once led.

Go to accessibility shortcuts
Share Comments

Read more

European Greens declare Ursula von der Leyen and Manfred Weber's EPP enemy number one

EU members seek fewer 'Solidarity Pool' relocations of asylum seekers from states under pressure

Reparations loan for Ukraine is 'very fragile' and risks investor exodus, Euroclear warns