The EU Ombudsman Emily O’Reilly has warned of the damaging impact of the so-called revolving door phenomenon in the EU. That’s the potential conflict of interest that can arise when EU Commissioners, politicians and officials leave their jobs for lucrative positions in the private sector.
Emily O’Reilly was speaking this morning in Brussels during a debate on ethics in the EU. She referred to the “corrosive impact” this form of “soft corruption” has on our democracies and regulatory outcomes. Ms O’Reilly cited Europe’s dependency on Russian gas as an example of the revolving doors phenomena.
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