Back in early February this year, workers at several privatised companies started protesting in Tuzla. The workers expressed outrage at how factory owners were not paying social security contributions, thus making their employees no longer eligible for health care, social security or pensions.
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.
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.)
Ahead of the European Investment Bank's annual meeting, Counter Balance and Bankwatch have chosen an unconventional way to remind the EIB shareholders of the bank's chequered track record.
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.
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