The European Investment Bank (EIB) celebrates this year its 60th anniversary. But the 1958-founded EU body and bank should now look forward and commit to becoming a more sustainable, accountable and transparent institution, writes Xavier Sol.
Advertised by the EU as the silver bullet that will free Europe from its dependency on Russian gas, the Southern Gas Corridor (SGC) is highly unlikely to ensure energy security and might in fact end up channelling Russian gas, warns Xavier Sol.
President of the European Investment Bank (EIB) Werner Hoyer will present the results of the bank’s operations in 2015 today (14 January). 2016 will be a crucial year for the bank in fulfilling its EU objectives, writes Xavier Sol.