A tour in the EU lobby world

Who influences the decision-making in the European Union? And how? Welcome to the complex – and often shady – world of lobbies. While the Brussels EU bubble can be perceived as an unclear ghost entity, it is actually a solid reality: estimations count 25,000 lobbyists revolving around the EU institutions, and their activities deserve a […]

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Counter Balance Activity Report 2017

All you need to know about our activities in 2017 in a short booklet. Read our 2017 Activity Report here.

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The EIB needs to lead by example on tax justice, says new report

Brussels, 3 April 2018 On the second anniversary of the Panama Papers and in the wake of the European Commission’s latest communication on EU anti-tax avoidance requirements on financing and investment operations, a new report by Counter Balance calls on the European Investment Bank (EIB) to develop a responsible policy and “show the way“ in […]

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European Ombudsman requests more lending transparency from European Investment Bank

Brussels, 24 May 2018 The European Ombudsman has asked the European Investment Bank (EIB) to increase transparency in its lending activities. A group of NGOs has welcomed the decision, published yesterday, but regrets the weak language used, which only makes suggestions and encourages the Bank to adopt certain levels of transparency. The decision was adopted […]

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Controversial EIB-backed projects under fire at European Parliament

3 May 2018 Today, the European Parliament adopted a critical report on the activities of the financial arm of the EU – the European Investment Bank (EIB). This report reiterates previous calls for the bank to step up its sustainability, transparency and accountability. During the debate held in the plenary of the Parliament in Brussels, […]

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Global Gas Lock-in. Bridge to nowhere

Originally published by Rosa Luxemburg Stiftung. Fossil gas is gaining ground and increasing in importance in the global energy scenario. There are numerous publications and studies evaluating the risk of fuels such as crude oil and coal, but in the case of gas it is more difficult to find critical analyses of the risks involved […]

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Public Infrastructure in Southeast Europe – in whose interest?

A group of 10 NGOs from 7 countries forming the “Balkan Monitoring Public Finances“ project published today a study and policy briefing examining trends in public infrastructure projects in southeast Europe, including the role of the EU and financing institutions. The study includes several case studies of controversial projects financed by the European Investment Bank […]

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EU climate commitments gassed by toxic subsidies

Originally published on the CAN Europe website. European politicians may be talking up their climate action, but in reality the EU is still subsidising new gas infrastructure that will lock Europe into the fossil fuel age for decades. The gas projects are also associated with human rights violations, corruption, and environmental destruction. Gas is a […]

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EU’s Main Lender Still Tied to Tax Havens, Watchdog Warns

Originally published on Bloomberg BNA. April 4, 2018 By Joe Kirwin The European Investment Bank continues to provide loans for development projects that involve companies or financial groups that either use or are based in tax havens, according to a watchdog group. The European Commission blocked EIB projects worth more than $1 billion in 2016 […]

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