Deja vu for Vienna II – a sustainable recovery is needed for the CEE financial sector
16 January, 2012
As pressures mount on western European banks to shore up capital ratios and with 2012 economic growth forecasts for Europe falling close to zero, officials from the European Central Bank, the European Commission, and several international financial institutions (IFIs) are meeting today in Vienna with regulators from CEE countries to discuss a second round of financial support for a fragile CEE banking sector.
Read morePrison netbook – Russia and the arrest of an environmental activist
13 January, 2012
Shortly after 80 000 people took to Moscow’s streets at the end of December to oppose the 4 December controversial parliamentary elections that resulted in United Russia retaining control of parliament, Bankwatch ally and Khimki forest defender Yaroslav Nikitenko was forced to spend ten days in jail over a fabricated administrative crime.
Read moreVideo: An EIB holiday
3 January, 2012
Baffled by an EIB loan to a holiday resort in Morocco, our friends from Counter Balance – Challenging the European Investment Bank had a closer look at the kind of development promoted there and came back with this wonderfully illustrative video.
Read moreCroatian civil society groups ask new government to withdraw from Ombla hydro project
16 December, 2011
Croatian environmental groups today held a protest action outside of the Croatian parliament calling on the country’s new government not to go ahead with the controversial EBRD-financed EUR 150 million Ombla HPP project.
Read moreThe new EIB transport policy: not yet ready for sustainability
12 December, 2011
On December 13, the EIB’s Board of Directors is about to approve the institution’s new Transport Policy. This new document constitutes an upgrade of the older 2007 Transport Policy of the bank which tries to incorporate the EU’s progressive agenda on the prevention of climate change (documents such as the “Europe 2020 Strategy” and the “Roadmap for moving to a competitive low-carbon economy in 2050”).
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