Photo report from Kiev Chop road rehabilitation – dangers and hardships for local communities
Publication | 13 April, 2012The rehabilitation of the Kiev-Chop road, financed with the help of EBRD and EIB loans, was part of the preparations for the Euro 2012 championships in Poland and Ukraine. Due to a negligent implementation, the project resulted in local people having to face dangerous, even life threatening situations every day.
Read moreGazela reloaded: another illegal Roma resettlement in Serbia on account of an EIB funded project
Press release | 13 April, 2012Belgrade – By the end of April, one hundred Roma families are expected to be illegally resettled from Belgrade neighbourhood Buvljak to several locations including Resnik, where current inhabitants are these days protesting against their arrival [1]. The resettlement is being carried out by Belgrade authorities without a proper resettlement plan or any consideration of the needs of the Roma and potential for inter-racial conflict [2]. The move is deemed necessary as part of the Sava Bridge and adjacent road construction, financed by the European Bank for Reconstruction and Development and the European Investment Bank respectively. [3]
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Campaign asks UniCredit to ‘get out of coal’
Blog entry | 12 April, 2012Pressure is growing not only on international financial institutions but also on private banks to stop financing fossil fuels.
Read moreKolubara independent Union request to withold credit for Kolubara
Publication | 10 April, 2012In its letter, the independent union at the Kolubara mine points at extremely difficult and inhumane working conditions and their employer’s reckless attitude toward employees. The union calls on the EBRD to not extend a loan to the Kolubara lignite mine before workers’ rights are being respected.
Read moreLetter to EBRD: Request for update on Centerra Gold Revolving Debt Facility
Publication | 6 April, 2012With the letter Bankwatch requests information about the status of the Centerra Gold Revolving Debt Facility and raises issues and findings from the recent reports on the company’s performance.
Read moreProposed model for consultations between the EBRD and civil society organisations
Publication | 5 April, 2012These comments, prepared the Arab NGO Network for Development together with Bankwatch suggests improvements for the model of consultations between the EBRD and civil society organizations. It is particularly relevant in view of the upcoming civil society consultations in the southern and eastern Mediterranean as the EBRD prepares to extend its lending to the region.
Read moreEBRD: New president – new direction for the bank?
Press release | 2 April, 2012With the European Bank for Reconstruction and Development (EBRD) in the process of selecting a new president [1] as the term of current office holder Thomas Mirow approaches its end, CEE Bankwatch Network, an NGO that has been monitoring the EBRD for over a decade, makes a call on the bank’s shareholders and new president to reassess some of its past – faulty – approaches:
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Yet another bail-out package? A comeback to ‘The Vienna Initiative and financial stability in emerging Europe’
Blog entry | 30 March, 2012The European Bank for Reconstruction and Development promotes the support for western European banks in central and eastern Europe although evidence for this initiative’s success is disputable at best.
Read moreLetter to EBRD: Kolubara loan connected to resettlement and impacts on communities
Publication | 30 March, 2012In its letter to the European Bank for Reconstruction and Development Bankwatch member group CEKOR discusses issues related to the Kolubara lignite mining project that have not yet been clarified. Among them is the fact that the EBRD’s loan is indeed connected to the resettlement of the Vreoci community, something which the EBRD has denied so far, and the so far vague claim that the project will contribute to emission reductions and environmental improvements.
Read moreLetter to EBRD regarding the Amulsar Gold project in Armenia
Publication | 30 March, 2012While Lydian International is reporting on progress in its talks with the EBRD about an aquisition of company shares by the bank and on receiving project approval from the Armenian government, the EBRD has yet to publish project related documents in line with its public information policy.
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