
EU Secretly Shields Banks from Accountability—Here’s How
Powerful lobbying has quietly exempted finance from an EU sustainability law, risking Europe’s environmental and human rights commitments.
Author profile

Magdalena Senn is an economist specialising in macroeconomics and political economy. She works as a policy expert at Finanzwende on sustainable financial markets, focusing on how financial markets can support the transformation to a future-proof economy.

Powerful lobbying has quietly exempted finance from an EU sustainability law, risking Europe’s environmental and human rights commitments.

Magdalena Senn and Jorim Gerrard
It will take more than sustainable-finance rules to summon the investment required for the socio-ecological transformation.

The European Commission looks at mergers only through the narrow, consumer-price lens of its competition policy. The wider public interest is not being served.