Energy Community: Bosnia-Herzegovina guarantee for Chinese loan for Tuzla 7 is state aid, breaks EU law
5 March, 2019
The Energy Community confirmed today that the loan guarantee the Federation of Bosnia-Herzegovina Parliament wants to approve for the EUR 614 million China Exim Bank loan for the Tuzla 7 coal power plant indeed constitutes state aid according to EU law. The Energy Community had commissioned an expert analysis to look into the issue following a complaint by Aarhus Resource Centre and Bankwatch.
Read moreMilestone bank summit in Belgrade a step towards protecting Balkan rivers, but greater transparency still needed
1 March, 2019
For immediate release. Belgrade – The ‘Save the Blue Heart of Europe’ campaign [1] gave a cautious welcome to a first-of-its-kind summit between the financial sector and green activists, where a roundtable about the role of banks in the destruction of Balkan rivers by hydropower dams was centre stage.
Read moreBosnia-Herzegovina politicians defy investigation to approve Chinese loan guarantee for coal power plant
26 February, 2019
The Federation of Bosnia-Herzegovina Parliament looks set to approve a loan guarantee for a EUR 614 million China Exim Bank loan for the Tuzla 7 coal power this Thursday, 28 February, [1], despite an ongoing Energy Community investigation into its compliance with State aid legislation.
Read moreEU action on Western Balkans’ chronic coal pollution is a unique opportunity to improve health and productivity
19 February, 2019
Brussels – Sixteen outdated coal power plants in the Western Balkans are a public health and economic liability for the whole of Europe, with people in the EU bearing the majority of the health impacts and costs, according to a new report [1] by the Health and Environment Alliance (HEAL), Sandbag, Climate Action Network (CAN) Europe, CEE Bankwatch Network and Europe Beyond Coal. The European Union (EU) needs to use all of the tools available to improve health, prolong lives, save health costs and increase productivity both in the EU and in the Western Balkan region.
Read moreNew investigation in Kresna gorge reveals another major breach of law
15 February, 2019
An independent investigation by a Bulgarian TV channel bTV discovered progressing construction works in the Kresna gorge area even though the official procurement procedure is still ongoing.
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