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News

Statement: EU trade secrets directive threat to free speech, health, environment and worker mobility

March 20, 2015 | Read more

Multi-sectoral civil society coalition calls for greater protections for consumers, journalists, whistleblowers, researchers and workers We strongly oppose the hasty push by the European Commission and Council for a new European Union (EU) directive on trade secrets because it contains: An unreasonably broad definition of “trade secrets” that enables almost anything within a company to be deemed as such;

Bankwatch statement on today’s EU Council decision about the ‘Energy Union’

March 19, 2015 | Read more

Europe’s leaders have failed today to live up to their commitments and make the EU’s energy future more sustainable. The Commission’s ‘Energy Union’ strategy endorsed today by EU Heads of States prioritises new fossil fuel infrastructure at the expense of investments into energy savings and clean energy sources.

Electricity export ambitions may prove risky for Western Balkans, shows new study

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March 19, 2015 | Read more

The Western Balkans countries have strong electricity export ambitions that create the danger of stranded assets, finds a new report launched by CEE Bankwatch Network today. If governments take electricity expansion decisions without taking due account of developments in other countries, the region will have to compete with other nearby exporters and may find that its power plants become uneconomic.

By the numbers: where will energy come from in the western Balkans?

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March 19, 2015 | Read more

Today we’ve published a new report analysing future energy trends in countries of the western Balkans. From a robust dataset we researched together with the University of Groningen and the consultancy ‘The Advisory House’, we’ve pulled out a couple of illustrations.

New study sounds the alarm on safety in Ukrainian nuclear power plants operated beyond their design lifetime

March 17, 2015 | Read more

Prague, Kiev – In December 2013, Ukraine’s State Nuclear Regulatory Inspectorate (SNRIU) has granted a 10 years lifetime extension license to unit 1 in the South Ukraine nuclear power plant. But a new independent study reveals critical vulnerabilities in the 32 year old nuclear unit that could have dangerous ramifications.

European Parliament intergroup ITCO condemns new transparency policy of the European Investment Bank

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March 13, 2015 | Read more

The European Investment Bank’s slide towards secrecy, manifest in its newly adopted transparency policy, has been lambasted by the intergroup of the European Parliament responsible for transparency and corruption.

Victories piling up: 130 more hectares of forest saved from lignite mining in Romania

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March 12, 2015 | Read more

Bucharest – A Romanian court has accepted a petition filed by Bankwatch Romania and Greenpeace Romania, and cancelled the environmental permit which allowed cutting down 130 hectares of forests – equivalent to approximately 260 football pitches – to make way for the expansion of the Pinoasa lignite open pit.

Czech coal mining communities are under threat

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March 12, 2015 | Read more

A debate over coal mining limits in the Czech Republic shows that mining communities in EU countries are facing similar struggles as in other parts of the world. It also illustrates how “securing energy supply” has become a catch-all argument even when the energy demand in no way justifies it.

Energy Community countries so rich they can afford to eschew climate action?

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March 11, 2015 | Read more

Planned new coal capacities will result in high additional costs for Energy Community countries. Transforming their energy sectors into efficient, sustainable renewables-based systems is not only possible but a cost-effective way forward.

EIB’s new transparency policy allows for more secrecy

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March 11, 2015 | Read more

Brussels – Yesterday the European Investment Bank (EIB) formally adopted a revised transparency policy including controversial exceptions to the disclosure of internal documents. This watered down transparency policy comes right before the bank will start implementing the € 315 billion Juncker plan and risks undermining the impact of EU recovery efforts.

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