EU funds for transport used overwhelmingly for polluting roads in central and eastern Europe
6 September, 2011
Brussels – CEE Bankwatch Network publishes today a study showing that central and eastern European governments have been using EU funds overwhelmingly for road over rail development, ignoring EU calls for decarbonisation of the transport sector. The Commission can make sure that this pattern is not replicated with the next EU Budget (2013-2020) by introducing strict conditionalities in the new Cohesion Policy regulation next month.
Read moreNew EIB report on SMEs: another rabbit in the hat from our favorite bank
30 August, 2011
The Bankwatch EIB team read the most recent report by the European Investment Bank on the bank’s crisis lending to small and medium enterprises and they were surprised by its main claims: unlike what the EIB says, our own research shows that EIB crisis loans to SMEs were more helpful to commercial banks disbursing them than to the cash-strapped small and medium enterprises they were supposed to help.
Read moreNo more (EU) sweeping under the rug!
15 August, 2011
Bankwatch’s waste expert, analyses the draft EU Resource Efficiency Roadmap released by the Commission this month. A good start, but much more is needed, says Galovic.
Read moreChercher la femme: gender equality sidelined in international finance
10 August, 2011
Manana Kochladze, Bankwatch’s regional coordinator for the Caucasus and co-author of our new civil society guide Gender and international financial institutions talks about the impacts on women’s lives when big money comes to help “develop” their countries.
Read moreBypassing responsibility
8 August, 2011
The complaints office at the European Bank for Reconstruction and Development has agreed to investigate a complaint from Bankwatch that a railway project in Georgia has not been properly assessed. Georgian Bankwatcher Dato Chipashvili thinks the case should be a lesson for the EBRD to make sure that from the start local people have their say in how projects are done.
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