Action Rally on EIB & Tax Haven: EIB Loans for Companies in Tax Havens Severely impact the have nots’

Brussels, Belgium – NGOs from across Europe rallied today in front of the Council of the EU in Brussels with a strong demand to the European Investment Bank (EIB), the EU’s ‘bank’ – STOP PROVIDING LOANS TO TAX HAVEN-BASED MULTINATIONALS. The Counter Balance coalition together with Eurodad, Tax Justice Network, Friends of the Earth and […]

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MEP’s vote for increased transparency and accountability of the European Investment Bank in its loans to developing countries

The Counter Balance coalition, a coalition of environmental and development non-governmental organisations recognizes the major step forward taken by this vote on the increase of both accountability and transparency of the European Investment Bank’s operations. Now the EIB can no longer ignore a certain number of principles when granting loans to a project in the […]

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MEP’s vote for increased transparency and accountability of the European Investment Bank in its loans to developing countries

The Counter Balance coalition, a coalition of environmental and development non governmental organisations, informs you of an important debate and vote to take place at the European Parliament(debat on March 24th, vote on March 25th) . The European Investment Bank (EIB) might be the most important public lender in the world. After all, it approved […]

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Coherence for development?

Coherence for development?

Development check of the financing activities of the European Investment Bank is essential reading for those who wish to follow the debate on transparency, monitoring and coherence between EIB operations and EU policies outside the EU27. It provides a comprehensive assessment by civil society of the major issues: -The EU development goals and EIB’s role […]

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Letter on the EIB’s policy on fighting tax avoidance and the off-shore financial industry

To Philippe Maystadt President European Investment Bank 100, boulevard Konrad Adenauer L-2950 Luxembourg 23rd March, 2009, Brussels Dear President Maystadt, Re: EIB policy on fighting tax avoidance and the off-shore financial industry We are sending you an activist kit “fight capital flight” that tackles tax havens and off-shore financial industry. This kit has been produced […]

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Re-directing the EIB’s tide of money

Appeared in European Voice The European Investment Bank (EIB) might be the most important public lender in the world. After all, it approved almost €60 billion in loans in 2008, well over twice the volume of the World Bank. It operates in key sectors of the global economy – in 2006, 58% of all support […]

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