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Promises for coal jobs in southeastern Europe are dangerously out of touch with reality – new study

June 28, 2018 | Read more

Prague – Proponents of coal say almost 30,000 jobs will be created or maintained in southeastern Europe if new coal plants are built, while according to new analysis [1] by Bankwatch, over 5,000 jobs will be lost.

Over 120,000 petition development banks to Save the Blue Heart of Europe and drop destructive hydropower in the Balkans

June 21, 2018 | Read more

London, Prague, Radolfzell, Vienna  – Representatives from the Save the Blue Heart of Europe campaign to save Europe’s last remaining wild rivers [1] handed in a petition endorsed globally by more than 120,000 people, calling on international development banks to rein in financial support for hydropower projects in the Balkans.

Revealed: EIB supporting major Israeli environmental offender

June 18, 2018 | Read more

In the Israeli Environmental Protection Ministry’s annual ranking, Israel Chemicals has been topping the lists of corporate environmental offenders. For the EIB, the company has “sound environmental policy” which justifies a quarter of billion euros for supporting R&D of specialty chemicals. Ahead of the first anniversary of the Ashalim spill, which originated from an ICL subsidiary’s chemicals plant, a new Bankwatch analysis questions the EIB’s engagement with the company.

With EU funds in Romania, where there is a will, there is a way

June 18, 2018 | Read more

This story represents one of the few successful examples in Romania but should serve as an inspiration for all the mayors and representatives of the Romanian authorities. Nobody says it’s going to be a smooth sailing when dealing with accessing European funds, but it is important to have well-prepared personnel, a vision for sustainable development and last, but not least, a desire to make positive changes in your community.

At 60, EU public bank needs fundamental reform – civil society groups

June 18, 2018 | Read more

The European Investment Bank (EIB) needs to end its investment in fossil fuels and boost support for sustainable energy, reinforce its public accountability, and prioritise human rights, a group of 21 European NGOs write in a letter to EU finance ministers.

Bulgarian authorities, forced to think about Just Transition

June 15, 2018 | Read more

The closure of the largest underground mine in Bulgaria, Bobov Dol in the southwest of the country, means Bulgarian authorities are finally forced to think about Just Transition.

Charges brought against development banks over half a billion euros for Ukraine’s largest agribusiness firm

June 5, 2018 | Read more

Prague, Kyiv, San Francisco – Three communities in the central Ukraine region of Vinnytsia have filed formal grievances at the World Bank and the European Bank for Reconstruction and Development, alleging that the industrial poultry giant Myronivsky Hliboproduct (MHP) has failed to ensure basic transparency regarding the environmental and health impacts at its ‘largest poultry farm in Europe’. [1]

Commission rules for spending 300 billion euros in Cohesion funds misses opportunity to push for protections to climate and the rule of law

eu 2020 budget proposal and revisions

May 29, 2018 | Read more

Brussels, Prague – The European Commission has missed the opportunity to set a course that addresses climate change and establishes a strong framework for ensuring Member States’ respect for the rule of law, as it seeks to leverage the EU budget after 2020 to bring states in line with EU priorities.

European Ombudsman requests more lending transparency from European Investment Bank

May 24, 2018 | Read more

Brussels — The European Ombudsman has asked the European Investment Bank (EIB) to increase transparency in its lending activities.

China, the Western Balkans and the EU: Can three tango?

May 17, 2018 | Read more

With China pouring loans into the Western Balkans, the EU must step in to ensure this money benefits the region, writes Wawa Wang.

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