Tag Archives | European Investment Bank

Truth or consequences? The problem with settlements and the World Bank’s debarment of Alstom units

While the year-long allegations of misconduct against the Alstom Group (ALO) have led to some significant consequences for the company – US$ 9.5 million worth of them – a lot of questions about what happened remain. At the end of February, the World Bank decided to debar two Alstom subsidiaries for three years and agreed […]

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EU bank emerges from the shadows: EIB meets with civil society

Traumatised by voter rejection in a series of referenda, EU institutions are full of existential dread about the relevance of their mission to that mythical beast ‘the European citizen’.  Consequently ‘engaging with civil society’ has become the platitude du jour of eurocrats,  with even those working on the most arcane technical briefs pushed blinking into the sunlight of public scrutiny. 

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