"I want money!" - action on EIB loans to companies registered in tax havens

How is it that an institution with an explicit mandate to promote development in the global South is financing companies who purposefully weasel out of paying revenues to the world's poorest governments, while extracting their natural resources and disrupting the livelihoods of local communities?

This action was held by the Counter Balance coalition outside the European Council in Brussels during the 51st annual meetings of the European Investment Bank. The action aimed to raise awareness of EIB investments to companies registered in tax havens - loans which total billions of euros annually.

Date of Production: 
Jun 2009
Author: 
CounterBalance
Length: 
2min.

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