Discovering Ukraine’s Nuclear Shadows
27 April, 2015
– UPDATING STORY – A Bankwatch fact-finding mission is currently in Ukraine to explore the state of nuclear energy in the country, particularly in light of intentions to extend the lifetime of 12 Soviet-era nuclear units.
Read moreJailing of prominent human rights activists in Azerbaijan casts a shadow over Europe’s planned gas deals with the Aliyev regime
24 April, 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.
Read moreEurope’s back is to the future: Bankwatch and Counter Balance statement on the first projects of the European Fund for Strategic Investment (EFSI)
23 April, 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.
Read moreTax dodging, development and European public banks
22 April, 2015
A new report highlights how the weak taxation policy of the European Investment Bank is undermining its ability to serve public interest in Europe and the Global South at a time when the use of tax haven is exposed as one of the most important barriers to development.
Read moreGuest post: Ombla must be protected, not flooded!
21 April, 2015
The project promoter of the Ombla hydropower plant in Dubrovnik, Croatia is still stubbornly pushing the project forward. A presentation yesterday of a new nature impact assessment did not offer answers to a range of outstanding questions, including the project’s economic feasibility, impacts on locals and more.
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