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The business model of the ‘EU house bank’ and raises many questions (Photo: European Commission)

When a public bank loses sight of the public interest

Last week an internal document was made public which revealed that the European Investment Bank (EIB) is seeking an exemption on the Financial Transaction Tax (FTT).

After speaking out against US legislation regulating over-the-counter financial derivatives trading last year, it is the second time the EIB advocates the need to be exempt from much-needed financi...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

The business model of the ‘EU house bank’ and raises many questions (Photo: European Commission)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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