ENCO

The wheel of corporate fortune: How the EIB boosts profits in the name of competitiveness

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 (…)

ENCO (European Network of Corporate Observatories) is a network of European civic and media organisations dedicated to investigating corporations and corporate power.

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