News that José Manuel Barroso, a former president of the European Commission, has taken up a position at the banking firm Goldman Sachs has provoked angry criticism.
Goldman Sachs International announced the appointment of Barroso as a non-executive chairman and advisor on 8 July. The former Portugal prime minister was president of the Commission from 2004 to 2014.
In a statement on 11 July, the GUE/NGL group of left-wing MEPs said that they were “outraged” at the appointment, saying it was based on a “shameless conflict of interest”.
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