Bulgarian gold in offshore paradise linked to European public lender
November 21, 2017
The profits of the richest Bulgarian gold mine are “optimised” through several Caribbean offshore companies and a Dutch cooperative. The European Bank for Reconstruction and Development is one of the shareholders.
A Bulgarian oligarch, tax avoidance and a village that tries to move: how Sofia fails to implement EU pollution laws
June 12, 2017
Unsuccessful in making a coal power plant reduce abhorrent pollution levels, the village of Golemo Selo, Bulgaria is trying to “move” to a new municipality, hoping to have more say in matters concerning its citizens’ health and livelihoods.
New report reveals the ‘dark side’ of EIB funds: how the EU’s bank supports non-transparent investment funds based in tax havens
September 14, 2016
Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds. The report is available for download at http://www.counter-balance.org/wp-content/uploads/2016/09/The-dark-side-of-EIB-funds_report.pdf The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015.
