Money & Politics

Sacyr, the Spanish construction giant, has threatened to halt work on the expansion of the Panama canal unless it is paid an extra $1.6 billion. The company leads a consortium that won the 2009 contract after bidding to do the job for $1.1 billion less than the next bidder. Read More

A lawsuit against Victor Dahdaleh, a Canadian-British billionaire, for allegedly paying £39 million ($65 million) in bribes to win supply contracts worth £2 billion ($3.2 billion) from Aluminium Bahrain (Alba) has collapsed. Read More

A new CorpWatch report shines a light on the role of six major banks in Greece, Ireland and Spain in the EuroZone crisis. "The EuroZone Profiteers" profiles Commerzbank, Depfa and Westdeutsche Landesbank from Germany; Crédit Agricole and Société Générale from France; together with Dexia - a Franco-Belgian financial institution. Read More

This profile of Ireland is from CorpWatch's EuroZone Profiteers report - a study of the the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left borrowing countries deep in debt. Read More

Introduction to a new CorpWatch report that shines a light on the role of six major banks in Greece, Ireland and Spain in the EuroZone crisis. "The EuroZone Profiteers" profiles Commerzbank, Depfa and Westdeutsche Landesbank from Germany; Crédit Agricole and Société Générale from France; together with Dexia - a Franco-Belgian financial institution. Read More

Introduction to a new CorpWatch report that shines a light on the role of six major banks in Greece, Ireland and Spain in the EuroZone crisis. "The EuroZone Profiteers" profiles Commerzbank, Depfa and Westdeutsche Landesbank from Germany; Crédit Agricole and Société Générale from France; together with Dexia - a Franco-Belgian financial institution. Read More

European Union bureaucrats convinced major banks in Europe to compete with each other, a push helped fuel the EuroZone crisis. But as E.U. Competition Commissioner Mario Monti firly believed that competition would "reward greater efficiency." Read More

A new CorpWatch report shines a light on the role of six major banks that helped cause the EuroZone crisis. As of June 2013, Greece was forced to borrow €207 billion, Spain €100 billion, and Ireland an additional €85 billion, partly because of risky lending by major banks. Read More

Conclusion to a new CorpWatch report that shines a light on the role of six major banks in Greece, Ireland and Spain in the EuroZone crisis that left borrowing countries deep in debt. Read More

This profile of German banking is from CorpWatch's EuroZone Profiteers report which investigates the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left the countries deep in debt. Read More