The European Commission has to act upon the appointment of Barroso for Goldman Sachs – publico

                 
                 

 
 

The appointment of José Manuel Barroso as paid employee of Goldman Sachs is an extremely provocative choice. Highlights, a notoriously cynical way, incestuous relationships of political power with the banks and with the huge financial interests.

Barroso held for two years the post of Prime Minister of Portugal and for ten years was president the European Commission, implementing neoliberal policies that have negatively affected the entire European establishment. He was caught sleeping by the crisis in 2008 swept Europe, and ultimately leading to the adoption of austerity policies. Barroso insisted to the end in neoliberalism homeotapia even when the United States, under the leadership of the Obama Administration, managed to recover by choosing a moderate Keynesianism.

The recruitment of José Manuel Barroso by Goldman Sachs is not surprising but it is infuriating. Because it faces a major political incompatibility and moral that should bind for years all political leaders who are no longer in office: it is inconceivable for them to become part of the staff lists companies that allegedly had to control and scrutinize on behalf of the public interest .

in this regard, the role of the European institutions, among others, to boost cooperation between the private sphere and the public sphere, and ensure the moral commitment of the people. Nevertheless, beyond the Barroso case, we have witnessed the recruitment of several former top European institutions executives by investment banks, especially those involved in the financial crisis of 2008 or even more recoiling time in bribes and cases scandals corruption with political parties in other places, such as Greece, Italy and Spain.

the European Union is facing issues related to accountability that intensified even more after the massive failure of the euro zone in response to the crisis financial, of increasing corruption scandals as the Lux Leaks or Panama Papers , which made Europeans even more critical for the future of the Union. Euroscepticism is as to increase the appeal of far-right parties, filling people’s disappointment and anger.

the European Commission should act. Silence, in this case, is not gold, is yes accomplice. clearly threatens the credibility of institutions and even of democracy itself, making it even heavier consistent efforts to change Europe and put their policies back to the path of social justice.

Vice President European Parliament and deputy elected by Syriza