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200 million euro EBRD loan to Serbian energy giant EPS under investigation

Press release  |  October 1, 2018

Prague, Belgrade –  The independent grievance body of the European Bank for Reconstruction and Development (EBRD) has started investigating a EUR 200 million ‘restructuring loan’ granted in 2015 to Elektroprivreda Srbije (EPS), the largest energy company in Serbia, following a complaint by CEE Bankwatch Network and Serbian environmental group CEKOR.

Reversal of subsidies for wind power in Bosnia and Herzegovina prompts legal action

Press release  |  September 4, 2019

The Republika Srpska entity of Bosnia and Herzegovina has breached competition legislation by halting its incentive scheme for wind farms in March this year, according to a complaint submitted today to the Energy Community Secretariat in Vienna by the Banja-Luka-based Center for Environment.

EU bank drops Belgrade incinerator, citing impact on recycling: EBRD and other banks press on

Press release  |  October 28, 2019

Prague, Belgrade – The European Investment Bank (EIB) has refrained from financing the planned Vinča municipal waste incinerator in Belgrade, Serbia, according to a letter sent to the Ne Davimo Beograd initiative that campaigns against the project.

North Macedonia government contemplates prompt coal exit

Press release  |  February 24, 2020

The government has approved a national energy strategy that makes it the first country in the Western Balkans to consider a coal phase-out before 2030.

EU bank freezes funding for major Budapest Airport expansion over sweeping violations of environmental norms

Press release  |  January 10, 2022

The European Investment Bank (EIB) has suspended the disbursement of a EUR 200 million loan intended to facilitate a dramatic increase in passenger turnover at Hungary’s main international airport following an investigation by the Bank’s Complaints Mechanism that found that no analysis had been done to assess the air pollution, noise pollution and greenhouse gas emissions that the development would generate, in breach of the Bank’s own policy as well as EU environmental law. 

Major blow to Bosnia hydropower project as Germany’s KfW drops financing plans

Press release  |  January 28, 2022

German development bank KfW has today confirmed that it is dropping plans to finance the controversial Janjići hydropower plant on the river Bosna in Bosnia and Herzegovina. 

Serbia: Complaints over illegal operation of Morava coal power plant

Press release  |  June 23, 2023

A complaint by the Renewables and Environmental Regulatory Institute (RERI) and CEE Bankwatch Network (1) challenging Serbia’s failure to comply with pollution control rules under the Energy Community Treaty was recorded yesterday by the the Energy Community Secretariat in Vienna (2).

Croatia’s bold energy plans face uncertain future

Bankwatch in the media  |  November 26, 2012

Croatia is one of the world’s most energy-import dependent countries, yet there’s an increasingly mixed outlook for the ambitious investment plans of Croatian power monopoly Hrvatska Elektroprivreda (HEP) following the recent turn of events at both home and abroad.

Letters to companies shortlisted to bid for the Plomin coal power plant

Publication  |  November 8, 2012

Four companies have been shortlisted and invited to submit binding bids for the construction of unit C at the Plomin coal power plant in Croatia. Croatian Bankwatch member group Zelena Akcija/Green Action sent letters to all four companies with information on the legal and economic challenges of the project and the local opposition against it.

Hedegaard: Grønne EU-lande må redde klima i budgetstrid

Bankwatch in the media  |  October 31, 2012

EU-Kommissionens udspil om 20 pct. klimarelaterede udgifter i det nye langtidsbudget er ved at blive tabt på gulvet – Danmark kritiseres for manglende lederskab

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