The European Stability Mechanism (ESM) must be brought into the EU treaties to increase its accountability, according to a first of its kind study, published today by Transparency International EU. The ESM, created during the Eurozone crisis to...
Transparency International EU’s in-depth study of the governance and accountability of the ESM provides the first comprehensive analysis of the newest European economic governance institution, and makes a number of concrete recommendations. To...
For the past years, the EIB has hosted an annual conference for civil society organisations, where the latter can air their concerns and be heard directly by EIB staff and members of the EIB governing bodies, engage in a dialogue and get direct...
This is the first comprehensive analysis of the transparency, integrity, and democratic accountability provisions in place at the European Investment Bank, the EU’s bank. The report is structured around the EIB’s independence, transparency,...
The European Investment Bank needs greater transparency in its decision-making if the European Union is serious about steering its way out of the euro-crisis, according to Transparency International EU. The EU’s bank, which has higher lending...
Yesterday the European Commission effectively proposed to cancel sanctions against Spain and Portugal foreseen by EU budget rules, subject to the approval of Eurozone governments. While more flexible budget rules are welcome, their reinterpretation...
Judges have a hard time second-guessing monetary policy decisions. But judicial review remains an important check on the ECB’s far-reaching independence, as the saga over Outright Monetary Transactions Programme, or OMT, highlights.
The EU’s Economic and Monetary Union (EMU) will undergo major reform in coming years. Transparency International EU has just launched a new programme to look into the transparency and accountability of Eurozone economic governance.
We have blogged here before on the attempt by the European Investment Bank to roll back on transparency commitments when revising its official transparency policy late last year. The revisions include a number of regressive measures, including a...
