Lobbying in Brussels Flashcards
1
Q
Brussels Bubble
A
“Everyone knowns everyone.”
-> lunch is very important - it takes place at 1pm for most Commission staff
2
Q
Characteristics of Brussels lobbying
A
- mainly technical, procedural, expert-based
- also based on political power
3
Q
Number of registered companies
A
- stable over the last three years
- around 12,000 registered entities
4
Q
Importance of financial institutions lobbies in Brussels
A
- trying to keep regulatory capital requirements low
- Covid: governments urged banks to continue giving out loans; EU Next Generation Fund needs to be placed on the market
- financial industry lobby has most organisations registered of all other sectors (700+); outnumbers other IGs in the number of encounters with EU institutions
- financial industry lobbyists are often in the majority in expert groups
5
Q
Levels of lobbying activities
A
Often lobbying activities take place through:
- EU and international industry federations
- national industry federation
- lobby consultancy