Ombudsman calls for greater transparency of export credit agencies
July 9, 2018
The European Ombudsman has sided with the civil society demanding the European Commission to improve its oversight of the EU Export Credit Agencies (ECAs). The decision upholds an earlier ruling that required the Commission to ensure better compliance of these financial institutions with the EU law.
Position on the Multiannual Financial Framework
July 9, 2018
For nearly three decades, the EU Budget, and especially sectoral instruments such as the Cohesion Policy, has been a proven catalyst in the fight against climate change and the transition to a low-carbon energy system. By providing public investments i
China must walk its EU standards talk
July 6, 2018
The seventh Central and Eastern Europe-China “16+1” summit for heads of state is set to take place this week in Sofia, Bulgaria, on the heels of an EU initiative on screening Foreign Direct Investments in the areas of security and public order. The EU initiative comes amidst concerns of increased foreign direct investments – including Chinese – going into strategic and sensitive sectors in Europe.
Gas Line to Europe Raises Questions of Corruption and Human Rights
July 5, 2018
For more than a year protesters have sought to stop work on a European-financed natural gas line coming all the way from Azerbaijan and the Caspian Sea to the land of olive trees and beaches in sou… Source: Gas Line to Europe Raises Questions of Corrup
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
With EU funds in Romania, where there is a will, there is a way
June 18, 2018
This story represents one of the few successful examples in Romania but should serve as an inspiration for all the mayors and representatives of the Romanian authorities. Nobody says it’s going to be a smooth sailing when dealing with accessing European funds, but it is important to have well-prepared personnel, a vision for sustainable development and last, but not least, a desire to make positive changes in your community.
At 60, EU public bank needs fundamental reform – civil society groups
June 18, 2018
The European Investment Bank (EIB) needs to end its investment in fossil fuels and boost support for sustainable energy, reinforce its public accountability, and prioritise human rights, a group of 21 European NGOs write in a letter to EU finance ministers.
The ‘deconstruction’ of the most ambitious project of the EU, the ‘Southern Gas Corridor’
June 12, 2018
There is nothing that will change except from the supplier country since instead of Russia Europe will now Source: The ‘deconstruction’ of the most ambitious project of the EU, the ‘Southern Gas Corridor’
