Hungarian public given just two weeks to voice concerns over EUR 5.5 billion REPowerEU chapter
7 August, 2023
Despite months of preparatory negotiations between the Hungarian government and the European Commission, the Hungarian public has only two weeks in August to participate in the public consultation on the extensive 67-page draft REPowerEU chapter before it’s submitted to the European Commission by 31 August.
Read moreThe Georgian Road to Russia: when everything goes south
3 August, 2023
The North-South Corridor, widely promoted by international financial institutions, aims to facilitate the transport of goods as the ‘only land access to the Russian Federation’, as well as to Iran, Armenia and Azerbaijan, running through Georgia. Yet the project impacts the cultural heritage of picturesque landscapes in Georgia without answering the major question raised Georgian taxpayers – why should they pay for a new road to Russia, a country that does not have diplomatic relations with Georgia, has occupied Georgian territories, and presents one of the major obstacles to Georgia’s European future?
Read moreChinese-built Dabar hydropower plant in Bosnia and Herzegovina set to destroy four Emerald and two Ramsar sites
31 July, 2023
If completed, the EUR 338 million project would violate a Recommendation of the Bern Convention No. 217 (2022) and leave tributaries of the Neretva river without water. People living in the Nevesinjsko karst field oppose resettlement and flooding of their houses and land.
Read moreAdriatic Metals’ ruthless mining: How can the EBRD help improve its clients’ practices when it doesn’t follow its own standards?
27 July, 2023
The DFF Adriatic Metals project, located between the towns of Vareš and Kakanj in Bosnia and Herzegovina, is proclaimed by the investor to be setting new benchmarks for sustainable mining and committing to safety, community, and sustainability – claims not shared by people living in Kakanj.
Read moreThree governments are seeking EU money to deepen fossil gas dependence under the guise of energy emergency
27 July, 2023
Although the EU has managed to brave the energy emergency triggered by Russia’s assault on Ukraine, a Bankwatch report released today reveals that the Polish, Croatian and Bulgarian governments are still seeking at least EUR 1.5 billion in EU public money to build new fossil gas infrastructure under the guise of an emergency response.
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