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Home > News

News

Funny business at EBRD meeting: sustainability champion Garanti fancies coal

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May 14, 2014 | Read more

The Turkish Garanti Bank, one of the winners of the Sustainability Awards of the European Bank for Reconstruction and Development is among the main coal investors in Turkey.

Bankwatch analysis of EBRD operations in CEE at 25 years since the fall of the Berlin Wall

May 14, 2014 | Read more

Warsaw – As the EBRD celebrates 25 years since the fall of the Berlin Wall and the benefits it has brought to its countries of operation in the post-socialist space, a new Bankwatch report criticises the bank for having systematically promoted a „markets above all” approach, which has often put democratic and environmental concerns on the back burner, and occasionally proved straightforwardly detrimental to the region. The Bankwatch analysis is available for download here: https://bankwatch.org/EBRD-stuck-in-market

Planned contract for Plomin C coal plant most likely illegal state aid, says legal analysis

May 5, 2014 | Read more

Zagreb, 05.05.2014 – A planned long-term power purchase agreement in which Croatian electricity company HEP will commit to buying at least 50% of electricity from the planned Plomin C power plant for 20-30 years will most likely be illegal under EU state aid rules, according to a new legal analysis by Hungary’s Environmental Management and Law Association (EMLA).

New online toolkit to help tackle the Kings of Coal in southeast Europe and Turkey

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May 5, 2014 | Read more

Coal investments are a dying breed in many countries, but some investors are still ready to try their luck in southeast Europe and Turkey. For campaigners who want to communicate with these actors Bankwatch has developed the user-friendly online toolkit Kings of Coal in three languages.

10 years since EU accession: less than we hoped for

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May 1, 2014 | Read more

It’s not that easy to pull off a celebratory mood this 1st of May, even though on this date we mark the anniversary of 10 years since most of central and eastern Europe joined the European Union.

Statement on Russia’s invasion of Ukraine and threat of war

April 29, 2014 | Read more

CEE Bankwatch Network strongly condemns the Russian government’s military invasion and annexation of Crimea and Sebastopol. We hope that in the end the voices of those who have been demonstrating for peace in Moscow and elsewhere, in both Russia and Ukraine, will prevail. The European Union has already responded to the Crimean declaration of independence by announcing travel bans and bank account freezes for 48 individuals from Russia and Ukraine linked to the Crimean breakaway.

The case of a ‘secret’ coal plant in Turkey suggests a polluted future for the country

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April 28, 2014 | Read more

The SOCAR Refinery project and its ‘secret’ coal power plant show the magnitude of the problems that the mixture of business interests, coal and neglect of local health concerns may cause in Turkey.

Serbian NGO presses criminal charges against Kolubara mining company over landslide

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April 16, 2014 | Read more

One year after a landslide destroyed thirteen houses the Kolubara mining company continues to dump waste in the same area without information from its investigations forthcoming. Locals fear that more landslides may occur. Bankwatch member group CEKOR has now increased pressure on the company and the EBRD.

Democracy is nobody’s business – MEPs pledge to stand up for people over profit

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April 15, 2014 | Read more

At the end of May the whole of Europe will be going to the ballot box for the 2014 European Parliament elections. But when the votes are counted and members-to-be (MEPs) take their place, who are they going to represent – people or profit? The Bankwatch supported campaign Politics for people asks them to take a pledge against the latter.

Over 40 MEPs from across the political spectrum pledge to stand-up for citizens and democracy against excessive corporate lobbying

April 15, 2014 | Read more

Today, the Alliance for Lobbying Transparency and Ethics Regulation (ALTER-EU), AK EUROPA (Brussels office of the Austrian Chamber of Labour) & ÖGB Europabüro (Brussels office of the Austrian Trade Union Federation), together with a broad coalition of civil society organisations from across Europe, are launching their campaign to urge candidates for the upcoming European elections to “stand-up for citizens and democracy against the excessive lobbying influence of banks and big business”.

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