Just like Haven? European Investment Bank illicit financial flows through tax havens

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,356
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 26, 2009

No description available.

  • likes, 1 dislikes

Link to this comment:

Share to:

Uploader Comments (counterbalanceeib)

  • The fact that the EIB raises its funds on the market is true for the largest part of their lending. However the EIB is backed publicly by the different member states. So in case things go wrong the public beares the risk. Since the banking/financial crisis we all know what this could lead to. Besides in ACP countries the EIB manages the part of the European Development Fund which consists of taxpayers money. Counter Balance exactly monitors the EIB's activities outside the EU.

see all

All Comments (2)

Sign In or Sign Up now to post a comment!
  • EIB is NOT an eauropean institution. It is an independent organisation founded by the European Union for the development of Europe. To make thinks like big infrastructual projects possible. they provide loans for small rent. Tax payers do not pay a single penny to this bank, because it is completely independent. The money they earn, is what they spent and they do not make any profit at all. All profit is invested. please before any critism do know where you talking about.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more