What goes around, comes around: Portugal’s debt boomerangs back on public-private partnerships
August 10, 2012
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.
The EIB in Greece: by the numbers
June 15, 2012
As Europe’s financial establishment braces for the results of tomorrow’s Greek elections and Eurozone officials dangle the carrot of a new European Investment Bank programme in front of Athens, we’ve prepared a snapshot of previous EIB loans in the country. [1] [2] [3] [4] (NB: any tricolour similarities are entirely coincidental.)
The medium-sized EIB bazooka – Europe’s people and environment must benefit this time around
May 11, 2012
As it begins to dawn on Europe’s elite that fiscal austerity is not working after all, the European Investment Bank is once again the talk of the EU as decision-makers scramble to stimulate national economies that are hemhorraging jobs and living standards – and hope – across the continent.
Deja vu for Vienna II – a sustainable recovery is needed for the CEE financial sector
January 16, 2012
As pressures mount on western European banks to shore up capital ratios and with 2012 economic growth forecasts for Europe falling close to zero, officials from the European Central Bank, the European Commission, and several international financial institutions (IFIs) are meeting today in Vienna with regulators from CEE countries to discuss a second round of financial support for a fragile CEE banking sector.
Haircuts for eurozone citizens? A closer look at the EFSF
October 27, 2011
The European Financial Stability Facility is a crucial element of eurozone leaders’ proposed solution to the debt crisis. But behind the shining EUR 1 trillion armour of the EFSF lurks an institution that could bring further mayhem as a closer look by Bankwatch’s alternative economics coordinator Roman Havlicek reveals.
