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News

NGOs file a complaint against Vinci Russia for corruption of foreign public officials in Khimki Forest motorway case

May 10, 2016 | Read more

A complaint filed last week is requesting an investigation into alleged corruption involving French company Vinci in the construction of a controversial motorway through Khimki Forest near Moscow. The complaint was filed to Nanterre’s chief investigating judge by civil society groups Sherpa and CEE Bankwatch Network, activists Evgenia Tchirikova and Mikhail Matveev, and with the support of Princip, defenders of the Khimki forest.

Bosnia and Herzegovina signs deal for Tuzla 7 coal plant construction – but its economics are shrouded in mystery

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May 4, 2016 | Read more

In spite of an updated construction contract for a new unit at the Tuzla coal-fired power plant, the project’s economic feasibility remains a puzzle with missing pieces.

Parliament gets tough on control of EU Bank’s funds

April 28, 2016 | Read more

In its annual resolution on the European Investment Bank adopted today in Brussels, Members of the European Parliament have criticised the bank’s support to projects under corruption investigations. They also called on the EIB to go further on fighting climate change, tax evasion and tax dodging. Counter Balance and CEE Bankwatch Network welcome the positions taken today by the Parliament in this resolution.

EU’s flagship climate instrument used to subsidise coal in Central and Eastern Europe

April 26, 2016 | Read more

The EU’s carbon market rules allow Central and Eastern European Member States to invest up to €12 billion in coal powered energy production. As representatives of the EU Member States are due to discuss the EU ETS this Wednesday, the new publication “Fossil fuel subsidies from Europe’s carbon market” adds momentum to the need to overhaul this policy.

For European public finance, where will all roads lead from Paris?

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April 22, 2016 | Read more

Signing the Paris Agreement is an important step in Europe’s contribution to the global effort to tackle the climate crisis. But funding this commitment necessarily passes through the public coffers. To kick-start the much-needed energy transition– by swiftly cutting emissions to reach the global carbon neutrality the Paris Agreement prescribes for the second half of this century –a change of paradigm in public investments in energy infrastructure is needed.

Europe’s Keystone XL: Planned gas pipeline is reckless

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April 15, 2016 | Read more

The Southern Gas Corridor risks locking in higher fossil fuel dependence and wasting colossal amounts of public money.

Aid Transparency Index: improvements for Europe’s multilateral development banks but still a long way to go

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April 13, 2016 | Read more

As the 2016 Aid Transparency Review shows some improvement for the two main European lenders, they are still far from reaching satisfying transparency standards.

Lost in transition: Far-reaching changes needed as European bank marks 25 years

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April 11, 2016 | Read more

On April 15, the European Bank for Reconstruction and Development (EBRD) will be marking its 25th anniversary. Reflecting on two decades of monitoring the EBRD’s policies and projects, a new report from CEE Bankwatch Network raises concerns about a growing gap between the bank’s operations and its mandate.

Romanian city battles in court to protect its citizens’ health

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April 5, 2016 | Read more

The Romanian city of Reghin wants its citizens to agree before a potentially harmful formaldehyde plant is built. It has to defend this decision in court.

Ukraine needs European values and Europe’s solidarity

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April 4, 2016 | Read more

Ahead of a referendum in the Netherlands on the association agreement between the European Union and Ukraine, Olexi Pasyuk from the National Ecological Centre of Ukraine discusses the agreement’s importance for Ukraine’s civil society and why Europe must still improve how it engages with the country.

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