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Europe’s public banks disburse EUR 650 million to Sostanj coal plant despite ongoing corruption charges

Press release  |  March 8, 2013

Ljubljana – The European Investment Bank announced today [1] that it would pay the remaining EUR 440 million out of a EUR 550 million loan [2] for the construction of a new 600 megawatt lignite unit at Sostanj [3] in Slovenia, and that the European Bank for Reconstruction and Development would follow suite with its parallel EUR 100 million loan.

EU budget negotiations must tackle mistakes of past with focus on quality spending

Press release  |  November 22, 2012

Brussels, November 22, 2012 – As European leaders gather in Brussels today for the EU budget summit, quality spending must be the focus of discussions if the future European budget is to tackle Europe’s environmental and economic crises, according to environment groups CEE Bankwatch Network, Friends of the Earth Europe and Transport & Environment.

Monsanto Should Not Expand Relying on Public Money

Press release  |  November 19, 2012

London — Monsanto, the world’s largest seed producer and one of the most prominent promoters of GMO crops worldwide, is set to receive 40 million US dollars of public financial support via the European Bank for Reconstruction and Development.

Green spending appears on EU budget radar – it must stay there, say environment groups

Press release  |  November 14, 2012

Brussels, Belgium — The latest EU budget 2014-20 negotiating text, published today by President of the European Council, Herman van Rompuy, contains the first sign of hope for a future EU budget that tackles climate change and helps support a sustainable future for Europe’s 500 million people, according to CEE Bankwatch Network and Friends of the Earth Europe.

Quality spending still off the table as Cyprus issues draft budget figures

Press release  |  October 30, 2012

Brussels — Indicative figures for Europe’s 2014-2020 budget offer little hope of a green future for agricultural and regional spending, according to CEE Bankwatch Network and Friends of the Earth Europe.

Video projected on the European Parliament questions potential European Investment Bank’s capital increase

Press release  |  May 14, 2012

Brussels – On Monday night a video was projected on the building of the European Parliament which denounced the unsustainable energy portfolio of the European Investment Bank (EIB). The 1 minute video concluded with: “Make the EIB chose a brighter future before increasing its capital”, a message for EIB governors which gather Tuesday 15 May in Brussels during the bank’s Annual General Meeting. The main topic will be a possible capital increase of the EIB.

EBRD Board of Directors must face responsibility for long-term partner EPS’ wrongdoings

Press release  |  July 25, 2011

Belgrade – Today, over 70 protesters from the Vreoci community is gathering in front of the Belgrade EBRD offices to protest abusive practices by state-owned Elektroprivreda Srbija (EPS), in London, the bank’s Board of Directors is congratulating itself for another profitable deal with the energy company. The EBRD cannot continue to brush off responsibility for corruption acts and human rights abuses committed by their long-term business partner.

Controversial gas pipeline gets EUR 1.5 billion in public money amid massive climate risk

Press release  |  February 6, 2018

CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe, 350.org Press release For immediate release Prague, Brussels –– The European Investment Bank (EIB) voted today to hand out one of Europe’s largest ever loans to one of the EU’s larges

Slovakia: Platform for Coal Regions in Transition could benefit coal company instead of communities

Press release  |  April 30, 2018

Bratislava – Today was the last day when actors from the Upper Nitra region in Slovakia could submit projects on the topic of regional development, to be supported by the Slovak government in cooperation with the European Commission.

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

Press release  |  June 5, 2018

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]

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