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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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July 1, 2015

Twenty-five Members of the European Parliament (MEPs) have signed a letter today urging the European Bank for Reconstruction and Development (EBRD) and Euratom to suspend their financial support for Ukraine's ageing nuclear reactors until the potential environmental impacts of their prolonged operation in Ukraine and on neighbouring countries are fully assessed.

The letter is available on the Bankwatch website.

June 30, 2015

Last week the Environmental Inspectorate in Hunedoara, Romania demanded the closure of two thermal power plants at Mintia and Paroşeni, because neither of the units complies with air quality requirements of the EU’s Large Combustion Plants Directive (LCPD). Hunedoara Energy Complex, which manages the Mintia and Paroşeni plants, has challenged the decision in court.

June 25, 2015

Today the European Parliament approved the regulation establishing the European Fund for Strategic Investments (EFSI) at the heart of President Juncker’s EUR 315 billion investment plan. But critics say that the regulation lacks clear provisions for oversight of the fund and guidance for investments in green, sustainable and resource-efficient projects that are part of the fund’s mandate.

June 8, 2015

Prague - New investments in coal mines and power plants could cost the Western Balkans and Ukraine dearly if they fail to take into account binding rules on subsidies (State aid), according to a new briefing released today by CEE Bankwatch Network.

May 20, 2015

Bucharest - Another environmental permit for the deforestation of 80 hectares of forest has been cancelled by a Bucharest court, following a Bankwatch Romania petition. The decision curtails plans to expand a lignite quarry in the Gorj county.

May 18, 2015

Brussels, 18 May 2015 – More than 50 civil society organisations have joined forces to create the ‘Better Regulation Watchdog’ – a network to protect citizens’, workers’ and consumers’ rights. The network was launched today in Brussels, one day ahead of the expected announcement of the European Commission’s so-called ‘Better Regulation’ reforms.

May 4, 2015

Prague, Kiev - CEE Bankwatch Network and the National Ecological Centre of Ukraine (NECU) welcome the Ukrainian State Nuclear Regulatory Inspectorate Council's decision at its meeting last Thursday (April 30) to suspend the operation of unit 2 in the South Ukraine nuclear power plant once it exceeds its design lifetime next week. According to the Council's decision, a lifetime extension license for this 30 year old nuclear unit could be considered in the future, but only if all required conditions are met.

April 30, 2015

In its annual resolution on the European Investment Bank, Members of the European Parliament have criticised the bank’s Project Bond Initiative, warning that the risk-sharing instrument bears similarities to those proposed under the Juncker Investment Plan.

April 24, 2015

London, Prague -- Azerbaijan's authoritarian regime has been intensifying its crackdown on civil society with the recent jailing of two leading human rights defenders. The Aliyev regime has gained much of its political and financial clout by siphoning off proceedings from the country's vast oil and gas reserves. These are the same reserves that the EU is now planning to make its next big source of gas, and the same government that the EU still considers a legitimate partner.

April 23, 2015

Yesterday the European Investment Bank announced the first four projects to be financed from the EUR 315 billion EFSI. These include EUR 303 million for health care research in Spain, a public-private partnership in the Irish health sector, the expansion of the Dubrovnik airport in Croatia and a nineteenth century Italian steel factory.