Yet another bail-out package? A comeback to ‘The Vienna Initiative and financial stability in emerging Europe’
March 30, 2012
The European Bank for Reconstruction and Development promotes the support for western European banks in central and eastern Europe although evidence for this initiative’s success is disputable at best.
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.
The recap on recapitalisation
November 11, 2011
As the eurozone crisis continues to unfold, lending from international financial institutions to the banking sector must be held to the task of supporting the most vulnerable – especially the SMEs in CEE – or it will continue to perform largely unsuccessful and unchecked as it has during the crisis to date.
European Parliament makes a step towards putting the ‘E’ into EBRD
October 19, 2011
By requesting a number of changes at the European Bank for Reconstruction and Development, the European Parliament has confirmed at least some of Bankwatch’s criticism of the bank’s mode of operation and (in a subtle way) also its overall approach.
There is a light at the end of the EIB tunnel
October 18, 2011
The European Investment Bank finally invited for a dialogue with civil society organisations. It might be a little ambitious to say that true dialogue happened there, but certainly the NGOs were able to send a couple of strong messages to the EIB Board, and, for a while, it felt like the Board was listening.
A historic event, the European Investment Bank opens its doors (a bit)
October 12, 2011
Ahead of a meeting next week that offers a unique chance for discussion with the EIB’s Board of Directors, Bankwatch’s EIB team leader Anna Roggenbuck gives an overview over some of the issues to which she’d like to hear some comments by the bank’s enigmatic leadership.
New EIB report on SMEs: another rabbit in the hat from our favorite bank
August 30, 2011
The Bankwatch EIB team read the most recent report by the European Investment Bank on the bank’s crisis lending to small and medium enterprises and they were surprised by its main claims: unlike what the EIB says, our own research shows that EIB crisis loans to SMEs were more helpful to commercial banks disbursing them than to the cash-strapped small and medium enterprises they were supposed to help.
