Updates on the European Investment Bank

A threatened growth package

Shifting gears from the austerity years, EU leaders recently proposed injecting EUR 120 billion into the European economy.

State guarantee vote for TES 6 overshadowed by OLAF corruption investigation

A state guarantee law supporting the construction of a 600 MW lignite plant at Sostanj in Slovenia (TES 6) was passed this week despite allegations of corruption against the management of the company remaining unsettled. Even more, the European Anti-Fraud Office (OLAF) recently opened an official investigation into TES 6. (1)

Bringing EU standards to third countries?

When the European Investment Bank and the European Bank for Reconstruction and Development invest money in our countries, they are often expected to promote good practices in the projects they support.

Complaint to EIB on Rivne – Kyiv High Voltage Line Project seeking project compliance review

Another own goal for Ukraine at the Euro 2012

A Euro 2012 related road rehabilitation in Ukraine has left locals with a high speed road but no safety in their front yards.

Europe’s unequal partnerships – a sad tale about energy

A too strong focus on energy security is steering Europe’s engagement with neighbouring states in a troublesome direction for the partnering countries.

The EIB in Greece: by the numbers

As Europe’s financial establishment braces for the results of tomorrow’s Greek elections and Eurozone officials dangle the carrot of a new European Investment Bank programme in front of Athens, we’ve prepared a snapshot of previous EIB loans in the country. [1] [2] [3] [4] (NB: any tricolour similarities are entirely coincidental.)

A call for an open and transparent consultation process over the EIB’s energy policy

In this letter, five NGOs and NGO coalitions call on the EIB to undertake consultations according to the best standard as well as to identify and inform a wide range of stakeholders about the revision of the policy.

The revolution should not be privatised

Pushing for public-private partnerships will not support democratisation in the Arab Spring countries but risks increasing their public debt. Our new website brings together the PPP lessons that Europe should have learned.

The European Investment Bank is not ready for a capital increase, NGOs say

Brussels – As EU Ministers of Finance are currently gathering at the Annual General Meeting of the European Investment Bank (EIB) to discuss a possible capital increase, civil society organisations that monitor the EIB say the bank is not ready for such a move.