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Home > Archives for Press release

Planned contract for Plomin C coal plant most likely illegal state aid, says legal analysis

May 5, 2014

Zagreb, 05.05.2014 – A planned long-term power purchase agreement in which Croatian electricity company HEP will commit to buying at least 50% of electricity from the planned Plomin C power plant for 20-30 years will most likely be illegal under EU state aid rules, according to a new legal analysis by Hungary’s Environmental Management and Law Association (EMLA).

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Statement on Russia’s invasion of Ukraine and threat of war

April 29, 2014

CEE Bankwatch Network strongly condemns the Russian government’s military invasion and annexation of Crimea and Sebastopol. We hope that in the end the voices of those who have been demonstrating for peace in Moscow and elsewhere, in both Russia and Ukraine, will prevail. The European Union has already responded to the Crimean declaration of independence by announcing travel bans and bank account freezes for 48 individuals from Russia and Ukraine linked to the Crimean breakaway.

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Over 40 MEPs from across the political spectrum pledge to stand-up for citizens and democracy against excessive corporate lobbying

April 15, 2014

Today, the Alliance for Lobbying Transparency and Ethics Regulation (ALTER-EU), AK EUROPA (Brussels office of the Austrian Chamber of Labour) & ÖGB Europabüro (Brussels office of the Austrian Trade Union Federation), together with a broad coalition of civil society organisations from across Europe, are launching their campaign to urge candidates for the upcoming European elections to “stand-up for citizens and democracy against the excessive lobbying influence of banks and big business”.

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New Balkan lignite plants may breach EU pollution legislation before they even operate (legal analysis + video)

April 2, 2014

Brussels, April 2 — A series of at least five new lignite power plants planned in Western Balkan countries which aspire to European Union membership risk violating Energy Community pollution legislation before they even start generating electricity, warns a new legal briefing by EU-based legal organisation Frank Bold, published today.

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Proposed EU loan would make Tunisia’s debt problems worse, say CSOs

March 28, 2014

– MEPs to vote on new loan in April. – Tunisia is already paying more to its Western creditors than it receives in loans and grants, and almost all of the new loan would be used for debt repayments. Civil society groups from Tunisia and Europe are urging the European Parliament to concentrate on debt relief instead of voting through a EUR 300 million loan to Tunisia, arguing that this will only add to the country’s huge existing debt burden.

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Failure to keep up with EU climate and energy policies will move South East Europe away from the EU, say NGOs

March 20, 2014

As the EU Council tomorrow debates A framework for climate and energy in the period from 2020 to 2030, proposed by the European Commission, NGOs today called for much stronger environmental and climate commitments in the upcoming revised Treaty of Energy Community, which brings together the Western Balkan countries, Ukraine and Moldova, during a public hearing taking place in the European Parliament.

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NGOs respond to EU aid for Ukraine: watch for the devil in the details

March 6, 2014

Prague — As the European Council on aid to Ukraine concludes today in Brussels NGOs caution that the 11 billion euros put forward by the EU come on terms which will not necessarily foster an independent, self-reliant Ukraine.

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European Development Bank: Backward Step on Rights – Draft Policy Would Weaken Protection

March 5, 2014

(London) – The European Bank for Reconstruction and Development’s (EBRD) new draft Environment and Social Policy would fail to weed out abusive development projects, seven human rights and bank watchdog organizations said today in a joint statement. The bank’s consultation on the draft policy closes on March 5, 2014. It then has an opportunity to revise the policy before sending it to the bank’s board for approval in the coming months.

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EIB suspends operations in Ukraine, EBRD ducks the question

February 20, 2014

Kiev – The European Investment Bank announced the suspension of all activities in Ukraine yesterday following the most violent day since protests in this country began. In its turn, the European Bank for Reconstruction and Development declared it would “concentrate on the private sector”, hardly a meaningful stance considering the close links between government and the business sector in this country.

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Mind the environmental gap in south east European electricity market plans, say civil society groups

February 6, 2014

The new version of the EU-backed Energy Community Treaty must ensure that EU environmental and climate standards apply in countries that want to export electricity to the Union, says CEE Bankwatch Network in its submission to the public consultation on the review of the Treaty, which officially closes today.

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