No security for Europe from the Southern Gas Corridor
16 May, 2016
With an ownership structure heavily influenced by Azerbaijan, the European Commission’s flagship energy project may end up being a costly piece of infrastructure that does not increase Europe’s energy security but offers a tool for political leverage to the authoritarian Aliyev regime.
Read moreNGOs file a complaint against Vinci Russia for corruption of foreign public officials in Khimki Forest motorway case
10 May, 2016
A complaint filed last week is requesting an investigation into alleged corruption involving French company Vinci in the construction of a controversial motorway through Khimki Forest near Moscow. The complaint was filed to Nanterre’s chief investigating judge by civil society groups Sherpa and CEE Bankwatch Network, activists Evgenia Tchirikova and Mikhail Matveev, and with the support of Princip, defenders of the Khimki forest.
Read moreBosnia and Herzegovina signs deal for Tuzla 7 coal plant construction – but its economics are shrouded in mystery
4 May, 2016
In spite of an updated construction contract for a new unit at the Tuzla coal-fired power plant, the project’s economic feasibility remains a puzzle with missing pieces.
Read moreParliament gets tough on control of EU Bank’s funds
28 April, 2016
In its annual resolution on the European Investment Bank adopted today in Brussels, Members of the European Parliament have criticised the bank’s support to projects under corruption investigations. They also called on the EIB to go further on fighting climate change, tax evasion and tax dodging. Counter Balance and CEE Bankwatch Network welcome the positions taken today by the Parliament in this resolution.
Read moreEU’s flagship climate instrument used to subsidise coal in Central and Eastern Europe
26 April, 2016
The EU’s carbon market rules allow Central and Eastern European Member States to invest up to €12 billion in coal powered energy production. As representatives of the EU Member States are due to discuss the EU ETS this Wednesday, the new publication “Fossil fuel subsidies from Europe’s carbon market” adds momentum to the need to overhaul this policy.
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