Public-private partnerships in the EU at lowest level for ten years, but more blood transfusions from project bonds coming soon
7 November, 2012
Although public-private partnerships appear to become increasingly untenable for public authorities, they are further being promoted by the European Commission and the European Investment Bank. An official in-depth evaluation of this financing model, however, is still nowhere to be seen.
Read moreThat’s what they call sustainable. The EBRD’s 10 billion for sustainable energy
6 November, 2012
The European Bank for Reconstruction and Development boasts of having invested 10 billion euros in sustainable energy since 2006. A closer look reveals that although the bank’s efforts deserve recognition, several investments make a mockery of ‘sustainability’.
Read moreCrunch time at Sostanj
5 November, 2012
November is shaping up to be crunch time for a new 600 MW lignite plant planned to be built at Sostanj in Slovenia. If the Slovenian government doesn’t manage to offer a state guarantee for loans from European public banks that should cover half the construction costs by the end of this month, the project could fail. At Bankwatch, we’re preparing our popcorn for the latest Sostanj thriller, on show across Europe this month.
Read more‘Comments noted’, business as usual continues. The marginal public influence on the EBRD’s new mining policy
2 November, 2012
After long delays and more than 3 years of preparation the European Bank for Reconstruction and Development has finally completed and published a policy for its operations in the mining sector. Both the consultation process and the final outcome must leave “the consulted stakeholders” disappointed.
Read moreQuality spending still off the table as Cyprus issues draft budget figures
30 October, 2012
Brussels — Indicative figures for Europe’s 2014-2020 budget offer little hope of a green future for agricultural and regional spending, according to CEE Bankwatch Network and Friends of the Earth Europe.
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