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European Ombudsman: EIB weakens EU efforts to strengthen rule of law

Press release  |  October 30, 2014

Brussels – In an unprecedented ruling this week, the European Ombudsman concluded at the end of an investigation into the EIB’s involvement with a road construction project in Bosnia and Herzegovina that the institution’s behaviour was “totally unacceptable” and it “risked putting into question the EU’s commitment for strengthening the rule of law in Bosnia and Herzegovina.”

Slovenia coal fraud charges serve as warning for other Balkan countries, say NGOs

Press release  |  October 15, 2014

Ljubljana, Slovenia: Slovenian police yesterday reported that ten people had been charged with fraud in relation to the beleaguered Sostanj 6 lignite power plant project, causing a suspected EUR 284 million in financial harm to Slovene electricity consumers. The charges serve as a new warning to decision-makers across the Western Balkans to closely scrutinise coal power plant projects planned across the region if the mistakes made in the Sostanj 6 project in Slovenia are not to be repeated, warned several NGOs today.

European Banks are most opaque multilateral organisations, 2014 Aid Transparency Index

Press release  |  October 8, 2014

The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) are ranked 16th and 17th respectively out of 17 multilateral organisations on the 2014 Aid Transparency Index (ATI) which is published today. The transparency index comes at a momentous time for the EIB as the institution is currently reviewing its transparency policy and NGOs fear that the ‘EU bank’ is preparing to further downgrade its transparency requirements.

Europe’s finance ministers urged to stop EU Bank’s ‘extraordinary’ slide towards secrecy

Press release  |  September 11, 2014

Campaigners across Europe are urging the European Commission and their Ministers of Finance to halt a dangerous slide towards secrecy of the giant European Investment Bank (EIB), of which the EU member states are owners.

New Balkan lignite plants may breach EU pollution legislation before they even operate (legal analysis + video)

Press release  |  April 2, 2014

Brussels, April 2 — A series of at least five new lignite power plants planned in Western Balkan countries which aspire to European Union membership risk violating Energy Community pollution legislation before they even start generating electricity, warns a new legal briefing by EU-based legal organisation Frank Bold, published today.

Protestors address coal lobby meeting at Warsaw climate talks: ‘There is no such thing as clean coal’

Press release  |  November 18, 2013

WARSAW – People from around the world gathered today in front of Poland’s Ministry of Economy in protest of the World Coal Association’s International Coal and Climate Summit organised on the sidelines of the 19th UN climate change conference.

EU-backed energy projects will harm people and the environment in the Western Balkans

Press release  |  October 30, 2013

Brussels – NGOs from across the region are expressing very serious concerns about the list of 35 priority energy projects approved by the European Commission-backed Energy Community meeting in Belgrade, Serbia, last Thursday. The decision to support projects that are in conflict with EU environment goals and climate goals has seriously dented the EU’s credibility as a positive force for the protection of the environment and people’s health in the Western Balkans, say the NGOs.

Dirty power plants in Western Balkans and Ukraine set to become EU priority

Press release  |  October 22, 2013

Belgrade – Several environmentally damaging coal and hydropower projects across the Western Balkans, Ukraine and Moldova are likely to be included this Thursday on a priority list of projects of the European Commission-backed Energy Community, meaning they will be fast-tracked for financing over the next years.

European Parliament wants green energy, not coal, as part of Kosovo integration

Press release  |  April 19, 2013

The European Parliament yesterday blasted the European Bank for Reconstruction and Development (EBRD) for considering financing of the planned USD 2 billion Kosova e Re lignite power plant near Pristina.

EBRD finances lifetime expansion of Ukrainian nukes, but gets defensive about it

Press release  |  March 13, 2013

Kiev – The European Bank for Reconstruction and Development approved yesterday a 300 million euros loan for the so-called “Safety Upgrade Programme” of Ukraine. In reality, the beneficiary company, state-owned Energoatom, will use the money to prolong the lifetime of 12 old nuclear reactors.

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