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8 November 2018
Top Story

Paradise Lost: EU governments blocking transparency one year after Paradise Papers

On the morning of 5 November 2017, exactly one year ago this week, people around the world woke up to yet another shocking tax scandal. 

Overnight, big companies, politicians and celebrities found their dirty laundry exposed on front pages around the world. But 12 months later, what has changed? The answer is: not enough. We’re still stuck in the murky waters of corporate secrecy. Big companies can still hide money and avoid paying their share of taxes.

News & Reports

Argentina: More lending guarantees creeping austerity

Against a backdrop of public protests, on 25 October the Argentinian government approved the 2019 budget including US$10 billion worth of cuts in essential areas such as education and public works. The next day, the Executive Board of the International Monetary Fund (IMF) completed the first review of a loan agreement paving the way for the disbursement of a tranche of US$5.7 billion. At the same time, the Board gave the green light to increase Argentina’s bailout loan to US$56.3 billion. However, this loan comes with a significant price tag.

‘Outrageous’ Mozambique debt deal could make 270% profit for speculators by Jubilee Debt Campaign

People of Mozambique to pay $1.7 billion to $2.2 billion on original loan of $760 million, which was not agreed by Mozambique parliament, and which has been of no benefit.

Ambitious Agenda, Ambitious Financing? UNGA Shows a Long Way Still to Go for SDGs by WaterAid

Three years on from the watershed 2015 conferences in Addis Ababa, New York and Paris, the UN Secretary General Antonio Guterres has released a new Strategy for Financing the 2030 Agenda, covering the period of 2018-2021.

Double Taxation Agreements Mean Big Costs for Developing Countries by ActionAid

Useful resources

Civil society organisations’ position on Private Sector Instruments

This position paper, endorsed by nineteen civil society organisations from the global south and the global north, sets out issues of concern shared by all signatories in relation to the OECD Development Assistance Committee's on-going negotiations on Private Sector Instruments.

Upcoming events

How Public Private Partnerships are failing
26 November 2018, 18h00, European Parliament

Two important civil society reports on Public Private Partnerships (PPPs) will be presented at the European Parliament in Brussels later this month. 
 History RePPPeated - How Public Private Partnerships are failingEurodad - The European Network on Debt and Development

Public Private Partnerships and concessions in Southeast Europe : Can infrastructures be improved without increasing public debtBalkan Monitoring Public Finance

The event will be hosted by The Global Progressive Forum (GPF) and Enrique Guerrero Salom MEP, who is the Co-Chair of GFP. It will take place on Monday, 26 November, from 18.00 to 20.00 in room A3H1, in the European Parliament.

Register here.

Job opportunities

Eurodad: Director

Eurodad is recruiting a people-focused Director to lead Eurodad’s growing team. To apply for this post, please click here.

Eurodad: Policy and Advocacy Manager
Eurodad is recruiting a Policy and Advocacy Manager to lead a team working to improve the effectiveness of aid. Deadline: 11 November

Eurodad: Administration and Finance Assistant
Eurodad is looking for an Administration and Finance Assistant. In this entry-level NGO management position, you will help to ensure that the essential services required by our small multinational team are carried out effectively and efficiently. Deadline: 11 November

Eurodad: Communications Manager (maternity cover January – December 2019)
The purpose of this role is to lead Eurodad’s communications work. You will manage relationships with our key media contacts and will be responsible for making all of our external products – including our website, newsletter, social media, briefings and reports – as influential as possible. Deadline: 25 November

Eurodad: Senior Communications Officer
Eurodad is recruiting a Senior Communications Officer. This is an exciting opportunity to lead Eurodad’s digital communications strategy, including the development of a new website. Deadline: 25 November.

Eurodad: Communications Assistant
Eurodad is recruiting a Communications Assistant to help Eurodad to communicate its research, policy proposals and campaign messages effectively. Deadline: 25 November

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