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The HQ of the European Investment Bank in Luxembourg (Photo: Matthew Tempest)

How 'EU's Bank' fails to raise bar on accountability

As the financial arm of the European Union, the European Investment Bank (EIB) likes to call itself the "EU Bank" and to publicly praise its environmental and social standards in comparison to other investment banks.

Nevertheless, over the last years, a dangerous setback on accountability and transparency has taken place at the EU Bank.

Back in 2015, the EIB adopted a controversial tran...

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

Author Bio

Matthew is EUobserver's Opinion Editor. He joined EUobserver in June 2018. Previously he worked as a reporter for The Guardian in London, and as editor for AFP in Paris and DPA in Berlin.

The HQ of the European Investment Bank in Luxembourg (Photo: Matthew Tempest)

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Author Bio

Matthew is EUobserver's Opinion Editor. He joined EUobserver in June 2018. Previously he worked as a reporter for The Guardian in London, and as editor for AFP in Paris and DPA in Berlin.

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