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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A ”facelift” to the EIB: the EU financial arm needs forward-looking reforms

Originally published on Euractiv. By Xavier Sol | Counter Balance The European Investment Bank (EIB) celebrates this year its 60th anniversary this year. But the bank, founded in 1958, should now look forward and commit to becoming a more sustainable, accountable and transparent institution, writes Xavier Sol. This opinion piece refers to an open letter […]

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Time for the EU’s bank to lead on the clean energy transition

As world finance paces up to adapt to the global fight against climate change, one main player is lagging behind: the European Investment Bank (EIB), the bank of the European Union. While the World Bank decided to stop financing upstream oil and gas extraction after 2019 and private groups such as Allianz or ING have […]

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EIB 60th Anniversary: bank Governors called to act on key reforms in NGO open letter

For the 60 Anniversary of the European Investment Bank (EIB), a group of 21 European NGOs sent a letter to the Governors of the bank who are meeting in Luxembourg on 22 June 2018. This open letter highlight key challenges for the EIB in the context of the negotiations over the next EU budget and the […]

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Uncertainty looms on the future of TAP, as EBRD envisages loan decision

By Elena Gerebizza, Re:Common After months of suspense and hesitations, the new Italian government is finally settled in Rome and didn’t wait long to fire out some first juicy declarations. Based on a “political contract” between the 5star Movement and the Northern League, the government’s patchwork agenda envisages to re-discuss planned big infrastructure projects – […]

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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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