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.
