FAUX PAS AT THE EUROPEAN COMMISSION

The most recent call for proposals concerning employee ownership was corrupted (see below "Panic at the European Commission"). José Manuel Barroso was questionned on November 12. Answer should be awaited within the 15 days, as the European Commission promises. Strangely nothing came. A double complaint was thus addressed to the European Ombudsman. During the same time, we can observe that President of European Council Nicolas Sarkozy was able to answer and to take actions. To be continued…

  ...PANIC - CONTINUED
Letter from DirCredito to the European Ombudsman, March 17, 2009
Letter from Mr Nikolaus van der Pas, Director General, European Commission - DG Employment, social affairs and equal opportunities, January 29, 2009
Letter from EFES to Mr Nikolaus van der Pas, February 10, 2009
Message from DirCredito to the European Ombudsman, February 11, 2009
Letter from Mr Nikolaus van der Pas to DirCredito, February 4, 2009
Letter from the European Ombudsman to DirCredito, February 5, 2009

PANIC AT THE EUROPEAN COMMISSION

As usual on the 1st of September, the European Commission - DG Employment & Social Affairs organised a call for proposals in 2008 about "Restructuring, well-being at work and financial participation". Strange mixture, isn't it? This is supposed to be in line with the European Union policy aiming to support employee financial participation. Such proposals are evaluated by a small "Evaluation Committee" within the Commission's services.

A first proposal got a negative ans
wer on November 5. The reason was: "The project is inopportune taking into account the economic and financial current environment (promoting financial participation in financial services)." How could such a small committee take such political decision? Mystery. How could you call for proposals on September 1 and declare on November 5 that it is inopportune??

A second proposal was about setting up "A European ESOP". ESOPs (employee stock ownership plans) are probably the most typical way for employee financial participation in USA. It is particularly effective for small and medium sized companies and for restructuring. What did the Evaluation Committee decide? The proposal was refused. The reason was: "No link with the objective of the budget line."

Ignorance, incompetency, what else? We call for a renewed Commission with real competency in the matter. Letters were addressed to José Manuel Barroso and to Nicolas Sarkozy.

Complaint to the European Ombudsman

Facts

Letter from the European Commission about DirCredito's project
Letter from EFES to the President of the European Commission, José Manuel Barroso
Letter from EFES to the President of the European Council, Nicolas Sarkozy
Letter from DirCredito to the President of the European Commission


 

 


 

 

For information and contact
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
E-mail: efes@efesonline.org
Web site: www.efesonline.org
EFES' objective is to act as the umbrella organization of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote employee ownership and participation in Europe.