good morning to @EBRD who illustrates their 'neutral' position in the 'Empire strikes back vs 'The Return of the Jedi' takes on state with, literally, a 'Nanny State'
https://twitter.com/BJMbraun/status/1326082984710041602
seriously, this is the least effort ever put into pretending you're not in the neoliberal 'shrink the state' camp ever .
Literally announcing it on the cover.
Not surprising though for long-term observers of the EBRD
Literally announcing it on the cover.
Not surprising though for long-term observers of the EBRD
https://twitter.com/DanielaGabor/status/1326420828448231424/photo/1
our fondest memory of @EBRD in Romania?
In 2004, it paid EUR 125 million for a 12.5 % stake in profitable, state-owned bank BCR to accelerate its privatisation
In 2005, it sold it to Erste Bank for EUR 750 mln.
EUR 600 million reward for actively milking Romanian state.
In 2004, it paid EUR 125 million for a 12.5 % stake in profitable, state-owned bank BCR to accelerate its privatisation
In 2005, it sold it to Erste Bank for EUR 750 mln.
EUR 600 million reward for actively milking Romanian state.
yes, I hear you, isnt this daylight robbery of a poor country that in those years was severely underfunding its public health services, its education sector?
so fingers crossed for a new chapter in next year's report, 'Suckering the State: the view from EBRD', a mea culpa for shameless proselytising against the state while milking its resources.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
