Pipeline mired in controversy gets half a billion euros from European development bank
July 4, 2018
Brussels, London, Rome, Prague – Today the European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 500 million for the multi-billion euro Trans-Adriatic Pipeline (TAP) [1], in spite of the project failing to conform to the bank’s own policies and the fervent local resistance following the 878-kilometre pipeline where it crosses land in Greece and Albania before arriving onshore in Italy.
Promises for coal jobs in southeastern Europe are dangerously out of touch with reality – new study
June 28, 2018
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.
The great coal jobs fraud (2018 UPDATE)
June 28, 2018
This study, an update of our November 2016 analysis, examines the claims and finds that in almost all cases, they are exaggerated. In fact, even the current levels of employment cannot be maintained and some companies such as Elektroprivreda Srbije and
Bulgarian authorities, forced to think about Just Transition
June 15, 2018
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.
Project funding could be cut as EU battles to balance books
May 1, 2018
Discovering the Belgian capital by river cruise – many tourists do it each year. A new terminal has been inaugurated at the port of Brussels, designed to handle 35,000 passengers by 2030 and generate an annual turnover of five million euros. Half of th
A Recipe for Success: Cookbook on Public Participation
February 13, 2018
Experiences from Visegrad 4 and Eastern Partnership countries
ECAs go to market
February 5, 2018
Between 2015 and 2017, Finance & Trade Watch and Bankwatch, together with its national partners researched export credit agencies (ECAs) in seven countries of the European Union (Austria, Czech Republic, Croatia, Hungary, Poland, Romania and Slovak
Pyromaniacs in Budapest want to burn EU funds in new waste incinerator
December 22, 2017
With its plans to build a new waste incinerator in Budapest with EU funding support, Hungary’s government not only ignores the opportunity to make it’s cities cleaner and healthier, but also piles up costs its citizens will have to pay in the future.
Energy lending at the EBRD: Fossil fuels up, renewables down
December 11, 2017
What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?
An experiment with EU funded sustainable transport
December 5, 2017
A train ride offers time for reflecting on how the EU budget can be put to use for the common good.