The European Investment Bank (EIB) has long financed large and profitable companies. This will increase, as the Bank has become a key EU institution for boosting the bloc’s competitiveness in strategic economic sectors.
By offering loans on favourable terms — including lower interest rates, extended payback periods, and de-risking measures not available through private lenders – the EIB enables large companies to make projects more lucrative with public funds, effectively transferring (…)
Business Over People
A critical analysis of public financing for COVID-19 and cost of living crisis responses in France, Spain and Belgium.
-* The report “Business (…)