Heather Stewart in The Observer today reports on, "The shadowy bank that has loaned £150bn of your cash". This is the European Investment Bank - bigger than the World Bank or the IMF – yet, critics complain, the little-known lender is lavishing taxpayers' money on "pet projects", some of which fly in the face of development priorities.
Posted on EU Referendum.
Sunday 2 March 2008
A "shadowy bank"