Bankwatch

Archives for Euro & Finance

Despite collecting impressive evidence from 20 years of failed public-private partnerships in central and eastern Europe, an EBRD-financed study by the Economist Intelligence Unit concludes to continue using the controversial financing scheme. by Pippa Gallop, cross-posted from the Bankwatch blog A few days ago I did a double-take when the EBRD sent out a press… » read more

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While the G8 leaders claim they are at war with tax avoidance, their own bank, the European Bank for Reconstruction and Development is involved in deals linked to offshore financial centres. by Anne-Sophie Simpere, cross-posted from the Bankwatch blog Tackling tax avoidance was one of David Cameron’s priorities for the UK-hosted G8 meeting during the… » read more

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With a key EU summit one month away, how do things currently stand with the tortuous, plate tectonic-esque EU budget 2014-2020 negotiations? posted on the Bankwatch blog by Greig Aitken, Bankwatch Mail editor These are negotiations, if you recall, that got underway in summer 2011 when the European Commission proposed that 20 percent of future… » read more

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Europe’s anti-crisis measures include efforts to increase private investments in public infrastructure. Yet, a backlash against public-private partnerships in Portugal is a warning against putting too much faith in this approach. Many reactions to the solutions proposed by Europe’s political leaders to the deepening and spreading eurozone crisis seem to revolve around two things: scepticism… » read more

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