Archive | May, 2013

When a public bank loses sight of the public interest

Originally appeared in the EU Observer – By Antonio Tricarico BRUSSELS – Last week an internal document was made public which revealed that the European Investment Bank (EIB) is seeking an exemption on the Financial Transaction Tax (FTT). After speaking out against US legislation regulating over-the-counter financial derivatives trading last year, it is the second time the EIB […]

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Ontwikkeling als dekmantel voor privatisering in Egypte

By Samira Bendadi – Originally appeared in MO* De Europese en Amerikaanse steun aan de landen van de Arabische Lente is slechts een middel om een agressief privatiseringsbeleid op te dringen. Via de zogenaamde PPP’s (privé-publieke partnerschappen) wil men sectoren zoals water en energie naar de privésector overhevelen. Tot die conclusie komt Counter Balance, een […]

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Staatsgelder für Klimakiller

Energie Die Europäische Investitionsbank ist die Hausbank der EU-Staaten. Sie vergibt Milliarden Euro an günstigen Krediten für neue Kohlekraftwerke, kritisiert die NGO Bankwatch By FelixWerdermann, originally appeared in der Freitag der Freitag: Frau Roggenbuck, Sie arbeiten für die Nichtregierungsorganisation CEE Bankwatch Network und diskutieren am heutigen Montag auf einer Konferenz in Brüssel über die Energiepolitik der Europäischen Investitionsbank, EIB. […]

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NGOs oppose European Bank’s plan to finance oil drilling in Egypt

Cairo/Brussels – On Wednesday 29 May, the European Bank for Reconstruction & Development (EBRD) will vote on whether to make a $40 million loan to Kuwait Energy to drill and extract oil inEgypt. Egyptian and international organisations are pushing the board of the public multilateral bank to reject the loan – or at least postpone […]

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Tracking the records of development banks in the Middle East and North Africa: towards a new development paradigm for the region?

Launch debate and presentation of the report “The Great Middle East Beanfeast – How ‘Development’ Banks are Using Public-Private Partnerships to Carve Up the Arab Spring Countries” Remember the Arab spring, the wave of popular revolts that hit several Arab countries in 2011. They initially resulted in the ousting of cruel dictators and brought about […]

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