European Investment Bank 2010 and 2015, from a coalition of NGOs, implicated the EIB in tax avoidance by lending to businesses which use tax havens. European Investment Bank The European Investment Bank (EIB) is the European Union's nonprofit long-term lending institution established in 1958 under the Treaty of Rome. As a "policy-driven bank" whose shareholders are the member states of the EU, the EIB uses its financing operations to bring about European integration and social cohesion. It should not be confused with the European Central Bank, which is based in Frankfurt (Germany) or with the European Bank for Reconstruction and Development (EBRD) which
Central European Midsummer Time Midsummer time was equivalent to Moscow Time, which did not observe DST then. Central European Midsummer Time Central European Midsummer Time (CEMT) is one of the names of the time zone, 3 hours ahead of Coordinated Universal Time. It was used as a double summer daylight saving time in several European countries during the 1940s. Some parts of France, but not Paris, observed Central European Midsummer Time in 1941–1945. Central European Midsummer Time was used in occupied Germany from 11 May, 03:00 CEST to 29 June 1947, 03:00 CEMT. According to GHEP, Berlin and the Soviet Occupation Zone observed midsummer