An EBRD interpretation of biodiversity protection in the western Balkans
November 14, 2011 | Read more
With potentially devastating impacts on natural habitats, the European Bank for Reconstruction and Development has so far offered no real commitment to environmental protection in its ambiguous decisions on two hydropower plants in Croatia and Macedonia.
Ombla hydropower plant: public money down the sinkhole
November 14, 2011 | Read more
Today Bankwatch member group Zelena akcija/Friends of the Earth – Croatia held an action today outside the offices of the EBRD in Zagreb, calling on the bank not to approve a planned loan of up to EUR 123 million for the Ombla hydropower plant project. You can see some images from the demo here.
The recap on recapitalisation
November 11, 2011 | Read more
As the eurozone crisis continues to unfold, lending from international financial institutions to the banking sector must be held to the task of supporting the most vulnerable – especially the SMEs in CEE – or it will continue to perform largely unsuccessful and unchecked as it has during the crisis to date.
The proper financial management of EU funds is important to avoid fraud and illegitimate spending. Yet more important is the quality of the funded projects.
Why is it that when we advocate for something to the international financial institutions (IFIs) they often manage to give it a peculiar twist of their own?
Haircuts for eurozone citizens? A closer look at the EFSF
October 27, 2011 | Read more
The European Financial Stability Facility is a crucial element of eurozone leaders’ proposed solution to the debt crisis. But behind the shining EUR 1 trillion armour of the EFSF lurks an institution that could bring further mayhem as a closer look by Bankwatch’s alternative economics coordinator Roman Havlicek reveals.
