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Guest post: Never again Sostanj

20 March, 2013

Disappointed by loan disbursements to one of the dirtiest coal projects in Europe, almost 100 organisations have called on two public lenders to not repeat the same mistakes, ever.

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Never again Sostanj, NGOs warn European public banks after Slovenia debacle

20 March, 2013

After the EIB and the EBRD disbursed a promised 650 million euros for Slovenian lignite plant TES 6 on March 8, Focus Slovenia, CEE Bankwatch Network, and 96 other NGOs are today sending a letter to the two banks calling on them to never commit to such a misguided loan again.

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[Campaign update] Woes in Kosovo’s energy sector trigger demand for Minister’s removal

18 March, 2013

Amid increasing public outcry over electricity prices and the privatisation of the KEDS distribution company, KOSID, an industrious NGO coalition from Kosovo has called for the dismissal of Besim Beqaj, the country’s Minster for Economic Development.

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EBRD finances lifetime expansion of Ukrainian nukes, but gets defensive about it

13 March, 2013

Kiev – The European Bank for Reconstruction and Development approved yesterday a 300 million euros loan for the so-called “Safety Upgrade Programme” of Ukraine. In reality, the beneficiary company, state-owned Energoatom, will use the money to prolong the lifetime of 12 old nuclear reactors.

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New nuclear risks in Ukraine – decision expected tomorrow

11 March, 2013

The European Bank for Reconstruction and Development is expected to take a decision tomorrow on whether or not to provide a EUR 300 million loan for a nuclear power plant Safety Upgrade Programme in Ukraine. This article from our quarterly Bankwatch Mail sums up the issues at hand.

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