Will EU stop its investment bank hiding a third of its lending?

The European Investment Bank, the EU's house bank, has just published a shocking new draft of its transparency policy that would allow it to continue keeping one third of its lending secret and hiding decision-making from public scrutiny.

This week, the bank's board of directors, comprised of European Commission and member state representatives, will decide on the policy. It must seize this opportunity to salvage the EU bank's image by drastically improving the bank's information discl...