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.
Charges brought against development banks over half a billion euros for Ukraine’s largest agribusiness firm
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]
Commission rules for spending 300 billion euros in Cohesion funds misses opportunity to push for protections to climate and the rule of law
May 29, 2018
Brussels, Prague – The European Commission has missed the opportunity to set a course that addresses climate change and establishes a strong framework for ensuring Member States’ respect for the rule of law, as it seeks to leverage the EU budget after 2020 to bring states in line with EU priorities.
European Ombudsman requests more lending transparency from European Investment Bank
May 24, 2018
Brussels — The European Ombudsman has asked the European Investment Bank (EIB) to increase transparency in its lending activities.
Post 2020 EU budget: Commission proposal promises sustainability but continues funding contradictory policies
May 2, 2018
Budapest, Brussels, Prague – Today the European Commission published its proposal for the next EU budget after 2020, the Multiannual Financial Framework. Civil society organisations within the People’s Budget campaign [1] call on Member States to translate the Commission’s pitch into the bold proposal that Europe needs for a brighter future.
Slovakia: Platform for Coal Regions in Transition could benefit coal company instead of communities
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.
Statement on today’s General Affairs Council
April 12, 2018
“Today, the EU’s European affairs ministers have missed the opportunity to pave the way for a sustainable and ambitious Cohesion Policy,” says Raphael Hanoteaux, CEE Bankwatch Network’s EU Policy Officer.
International banks fuelling a hydropower tsunami that’s decimating pristine Balkan rivers – study
March 16, 2018
Radolfzell, Vienna, Prague – Multilateral development banks have supported no fewer than 82 hydropower projects across southeast Europe, including in protected areas, according to a study by CEE Bankwatch Network released today.
Controversial Turkish-Azerbaijani gas pipeline gets major EU loan
March 15, 2018
Today the board of directors of the European Investment Bank (EIB) green-lighted a EUR 932 million loan to the Trans Anatolian gas pipeline (TANAP), the Turkish section of the Southern Gas Corridor, a month after handing out the largest ever fossil fuels loan to the western section of the same project.
European Parliament calls for future EU budget to support the energy transformation in regions that need it most
February 22, 2018
Prague, Brussels – Today NGOs across central and eastern Europe welcome a report from Members of the European Parliament’s BUDGET Committee [1], laying out the priorities for the next EU budget after 2020 – the ‘Multiannual Financial Framework’ (MFF).
