Tag Archives: tax havens

New report: Towards a better model for public development banks

Today the NGO Network Eurodad published the report “Public Development Banks: Towards a better model” which proposes a blueprint for successful public development banks at national, regional and global level. With this blogpost, we highlight some of the issues raised in the report, and how they are relevant for the main institution we are monitoring: […]

Read more

Un informe denuncia vínculos del Banco Europeo de Inversiones con paraísos fiscales

Originally published on El Boletin. La coalición de ONGs Counter Balance desvela también múltiples casos de puertas giratorias. David P. Fernández / 15-09-2016 La coalición de ONGs, Counter Balance – Challenging public investment banks (Contra Balance – Desafiando a los bancos públicos de inversión) ha publicado un informe en el que analiza el uso que el Banco […]

Read more

La banque de l’UE investit des fonds publics dans les paradis fiscaux

Originally published on Mediapart.fr . PAR LUDOVIC LAMANT ARTICLE PUBLIÉ LE MERCREDI 14 SEPTEMBRE 2016 La  Banque  européenne  d’investissement  (BEI)  a investi près de 500 millions d’euros dans des fonds localisés dans des paradis fiscaux ces dernières années, selon une étude que des ONG publient mercredi. Elles s’inquiètent de l’opacité qui entoure ces placements. De  […]

Read more

Il lato oscuro della Banca Europea per gli investimenti

Originally published on L’Espresso. È il braccio finanziario dell’Unione europea con un portafoglio di miliardi di euro per progetti che portano lavoro, crescita e innovazione. Ma anche operazioni non trasparenti in paradisi fiscali e giurisdizioni sospette, e perfino casi di conflitti di interesse. Come svela il rapporto della ong Counter balance Michele Sasso 14 settembre […]

Read more

Report reveals the “dark side” of EIB funds: how the EU’s bank supports non-transparent investment funds based in tax havens

Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds. The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015. Main findings are that: – The EIB supports […]

Read more

“Fight tax havens, start with the European Investment Bank”, argues new report

The European Investment Bank (EIB) was the first Development Financial Institution (DFI) to adopt a tax haven policy in 2009. However, more than five years on EIB money still runs via tax havens. A new report by Counter Balance* and Re:Common* ‘Towards a Responsible Taxation Policy for the EIB’ which is launched today calls on […]

Read more