Tag Archives: aid

#EP2019: Will you stand up for financial justice?

The objectives of the European Union are being diverted from its foundations as a union for peace and solidarity, towards servicing the interests of the financial elite. As part of the Citizens for Financial Justice network, we’re calling on European election candidates to stand up for financial justice and pledge to put people before profit: […]

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Blurry blending

Official Development Assistance (ODA) budgets are under pressure – but never fear, the private sector is here to fill the gap. In short, that’s the EU’s answer to declining ODA budgets in times of crisis. How does this work? One word: “blending”. By Berber Verpoest, Counter Balance and María José Romero, Eurodad Mixing grants and […]

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European public banks fail on transparency

In the first-ever Aid Transparency Index [1] launched today by UK-based campaign group Publish What You Fund, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) score extremely poorly on transparency. “Considering that the EIB is ranked as ‘poor’ and the EBRD as ‘moderate’, European citizens can only guess where […]

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Civil Society Groups in the Arab region say Western financial aid plan could divert the Revolutions’ Economic and Social Justice Goals

Press Release by Arab NGO Network for Development[1] and Counter Balance Beirut/Brussels – In a joint statement a group of 67 civil society organizations from across 12 Arab countries are raising concerns about the EU and US backed financial aid packages for post-revolutionary countries in their region on the grounds that it could damage the […]

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