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For media inquiries and e-mail subscription to Bankwatch's press releases, please contact our media officer:

Ido Liven
e-mail: ido.liven@bankwatch.org
Tel.: +48 22 892 00 86
skype: ido.bwn

 

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September 14, 2016

Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds.

The report is available for download at
http://www.counter-balance.org/wp-content/uploads/2016/09/The-dark-side-of-EIB-funds_report.pdf

The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015.

July 12, 2016

Counter Balance and its partner Bankwatch have launched a new report exploring corruption cases in Romania’s third largest company. The Oltenia Energy Complex (OEC) is a key player in the energy sector in Romania and today operates ten lignite mines and four power plants. Supposed recipient of a EUR 200 million loan from the European Bank for Reconstruction and Development (EBRD), OEC stands out for a long list of corruption scandals collected in the last decade.

July 7, 2016

The European Commission must listen to the European Parliament calling for an EU budget that works for people and planet - according to CEE Bankwatch Network, Friends of the Earth Europe and Climate Action Network (CAN) Europe.

July 6, 2016

Romania could well be on path to a sustainable, prosperous economy if decision makers acknowledge growing GDP in tandem with dropping energy demand, a report released today by Bankwatch Romania argues.

June 14, 2016

The Croatian Minister for Economy, Tomislav Panenić, yesterday confirmed that the 500 MW Plomin C coal plant project has been stopped.

June 14, 2016

On the occasion of the EU Sustainable Energy Week, a new Bankwatch analysis shows that the European Investment Bank (EIB) has been effectively hindering Europe's energy transition.

June 9, 2016

CEKOR, as a non-governmental watchdog organisation, has since 1999 strived to promote sustainable development in Serbia and has a strong track record in supporting local communities harmed by development projects to advocate for their rights.

June 1, 2016

Brussels, Prague - European Commission Vice President Jyrki Katainen presented today the mid-term result of the Investment Plan for Europe. The European Fund for Strategic Investments (EFSI), the financial arm of this investment strategy, was established by the European Commission and the European Investment Bank (EIB) in 2015 with the aim of mobilising private investments to stimulate the European economy.

May 26, 2016

Western Balkan countries are planning investments in wind power, but these are being heavily outweighed by their investments in coal plants, according to a CEE Bankwatch Network analysis launched today. The region’s governments are actively planning 2800 MW of new coal plants but allowing only around 1166 MW of wind power plants to be built.

May 23, 2016

The European Investment Bank (EIB) must adopt new directives and operating principles to play a meaningful role in realising the EU's goal of a decarbonised and resource efficient economy, say CEE Bankwatch Network and Counter Balance ahead of the bank's annual meeting during the EU finance ministers' Council this Wednesday, May 25.