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Home > News

News

Guest post: Plight of locals at Kumtor mine brought to Centerra Gold’s general meeting in Toronto

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May 11, 2015 | Read more

Journalist and researcher Ryskeldi Satke reports on Centerra Gold’s annual general meeting where mining activists presented shareholders with information on human rights violations and the negative environmental and social impacts of the Kumtor Gold mine.

Thursday’s decision to suspend operation of a Soviet-era nuclear unit in Ukraine should lead to its retirement

May 4, 2015 | Read more

Prague, Kiev – CEE Bankwatch Network and the National Ecological Centre of Ukraine (NECU) welcome the Ukrainian State Nuclear Regulatory Inspectorate Council’s decision at its meeting last Thursday (April 30) to suspend the operation of unit 2 in the South Ukraine nuclear power plant once it exceeds its design lifetime next week. According to the Council’s decision, a lifetime extension license for this 30 year old nuclear unit could be considered in the future, but only if all required conditions are met.

Battles against cyanide continue in Romania

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April 30, 2015 | Read more

After the epic battle against the Rosia Montana gold mine in Romania ended in success, many people still don’t know that Romania and other countries in the region such as Bulgaria are still threatened by several gold mining proposals, some of which would involve the use of cyanide leaching.

Parliament warns of risky financing, demands more accountability at Europe’s bank

April 30, 2015 | Read more

In its annual resolution on the European Investment Bank, Members of the European Parliament have criticised the bank’s Project Bond Initiative, warning that the risk-sharing instrument bears similarities to those proposed under the Juncker Investment Plan.

Ukraine’s Other Chernobyls

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April 30, 2015 | Read more

For safety reasons, Europe must help the Ukrainian government retire, not revive, its nuclear reactors. (This commentary originally appeared on Project Syndicate.)

Discovering Ukraine’s Nuclear Shadows

April 27, 2015 | Read more

– 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.

Jailing of prominent human rights activists in Azerbaijan casts a shadow over Europe’s planned gas deals with the Aliyev regime

April 24, 2015 | Read more

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.

Europe’s back is to the future: Bankwatch and Counter Balance statement on the first projects of the European Fund for Strategic Investment (EFSI)

April 23, 2015 | Read more

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.

Tax dodging, development and European public banks

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April 22, 2015 | Read more

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.

Guest post: Ombla must be protected, not flooded!

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April 21, 2015 | Read more

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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