Saturday, July 9, 2016

barrage of criticism after hiring Barroso by Goldman Sachs – The World

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” Without shame “, ” indecent “, a ” bras d’honneur “: a criticism rained down Saturday, July 9th in France and Portugal, former President of the European Commission José Manuel Barroso will join the US investment bank Goldman Sachs.

in France, several voices left to the government, protested against hired by a bank to the bad reputation, partly because of its role in the subprime crisis in 2008 because it had helped in the early 2000s, the Greek government to mask its deficits to remain in the euro

Read also. the former president of the European Commission José Manuel Barroso recruited by Goldman Sachs

the french Secretary of State for foreign Trade, Socialist Matthias Fekl, described in a tweet, the Portuguese of “ indecent representative of an old Europe that our generation will change.”

the french Socialist MEPs them judged “outrageous” that “new revolving door, which strongly resembles a conflict of interest” . “We demand a revision of the rules to prevent such recruitment of former European Commissioners” , they wrote in a statement.

The President of the extreme right party Front National, Marine Le Pen, has also found on Twitter as news had “not surprising for those who know that the EU does not serve the people but the big finance” .

indignation in Portugal

Even indignation in Lisbon, in the ranks of the ruling Socialist party and its allies of the radical left. “This appointment shows that the European elite which is part Barroso has no shame” , has responded Pedro Filipe Soares, parliamentary leader of the Left Bloc.

Prime Minister of Portugal from 2002 to 2004, Barroso has held the presidency of the European Commission from 2004 to 2014, during which Europe shaken by the 2008 financial crisis, was seen as liberal and without much purpose. Goldman Sachs said on Friday having engaged to advise, while the output of EU UK should have an impact on the financial world.

“After more than thirty years in politics and public service, it is an interesting challenge and stimulus that allows me to use my skills in a global financial institution “, Barroso said the Portuguese weekly Expresso .

“If you remain in politics, it is criticized for live off the state, if we go in private, it is critical to take advantage of the experience gained in the policy “, he added, sweeping all the blame.

But the French press considers this appointment falls more wrong. “The image of the European Union which is not cavorting at the moment, did not need this” writes Saturday The Obs .

“This is the worst time, a symbol disastrous for the Union and a boon for europhobes” adds the left newspaper Libération denouncing on its website a “honor arm in Europe” . “This appointment is particularly unwelcome and could have a disastrous effect” judge the economic weekly La Tribune.

José Manuel Barroso did not break any rule, since beyond 18 months after the end of their mandate, nothing obliges the former members of the Commission to account, for his part stressed that institution.

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