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Home > Archives for Press release

Concerns mount over cyanide rush in Bulgarian mining projects, European Commission urged to intervene

December 1, 2009

Two Bankwatch groups and the members of the Cyanide Free Bulgaria coalition outlined today at a press conference in Sofia the ongoing problematic issues hanging over the proposed introduction of controversial cyanide leaching at the Chelopech mining project and with the Bulgarian government’s handling of the environmental procedures for wider use of cyanide in mining projects across the country.

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Violations at EBRD power lines project spark clashes between police and villagers in Ukraine

November 18, 2009

A project financed by the European Bank for Reconstruction and Development (EBRD) in the Odessa region of Ukraine has this week been the scene of clashes between 300 police officers and villagers resisting the routing of high voltage power lines through their village. The EUR 25.8 million Odessa High Voltage Grid Upgrade project is being implemented by Ukraine’s national electricity company Ukrenergo in violation of agreements with the EBRD, the international public development bank and backer of the project.

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Via Baltica – Another landmark victory for Polands nature, environmentalists remain vigilant

October 21, 2009

Last night’s decision by the Polish Council of Ministers on a new routing for the Via Baltica expressway [1]has been welcomed by campaigners from CEE Bankwatch Network, BirdLife International, OTOP – BirdLife Poland and other environmental groups as major progress for the conservation of Poland’s unique nature and represents a significant step in the right direction towards the proper implementation of Polish and European environmental legislation.

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Public consultations short-circuited for major Ukrainian power project, EBRD urged to stand up for communities and the environment

October 13, 2009

A major power transmission project in Ukraine that seeks a EUR 175 million loan from the European Bank for Reconstruction and Development (EBRD) to facilitate the export of electricity from Europe’s biggest nuclear power plant across protected nature sites in the south of Ukraine is violating the EBRD’s procedures on public consultations, according to Bankwatch member group National Ecological Centre of Ukraine (NECU).

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ArcelorMittal continues to pollute and uproot peoples lives

May 12, 2009

ArcelorMittal needs to move beyond good intentions on environmental and social improvements and turn words into deeds. Despite its rhetoric on social responsibility, the company continues to destroy the environment, risk peoples lives and displace local communities, according to a new report launched today by the Global Action on ArcelorMittal coalition to coincide with the company’s annual shareholder meeting in Luxembourg.

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Campaigners hail major victory as Polish government announces the saving of Rospuda Valley

March 24, 2009

Today’s announcement by the Polish government that the Rospuda Valley, a Natura 2000 protected area, is not to be devastated by a major bypass road has been hailed by campaigners from CEE Bankwatch Network, OTOP – Birdlife Poland, Greenpeace Poland and WWF Poland as a major victory for the environment, for Polish and European law and for the general public interest.

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First tranche of EIB car “crisis” loans requires scrutiny, warn Bankwatch and Greenpeace

March 12, 2009

The European Investment Bank (EIB) has today extended EUR 3 billion in soft loans to eight European carmakers for the development and production of cleaner vehicles. CEE Bankwatch Network and Greenpeace call on the EIB to ensure that money goes to initiatives with a true impact on cutting carbon emissions from cars and not just to small-scale greenwash projects.

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EU billions earmarked for environmental devastation in central and eastern Europe

February 16, 2009

“RegioScars” awards for the most unsustainable spending of EU funds in Central and Eastern Europe were awarded today by CEE Bankwatch Network and Friends of the Earth Europe. The prizes went to two projects in the Czech Republic and Poland currently in line for support from EU regional aid, and to Latvia’s government for a decision to rule out wind energy projects from EU funds support because of the economic crisis.

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Anti-cyanide protestors in Sofia boosted by European parliament support

January 20, 2009

Residents of the Bulgarian village of Poibrene have today taken their long-standing concerns about the potential introduction of controversial cyanide technology at the Chelopech gold mine – led by Canadian firm Dundee Precious Metals – directly to the Bulgarian ministries of environment and health and to the Sofia office of the European Bank for Reconstruction and Development (EBRD), the publicly-owned development bank that is a potential funder of a USD 150 million project that could see cyanide leaching introduced at the gold mine without inclusive public consultation.

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Stench rising over Sofia waste crisis, warns local group

November 6, 2008

The environmental assessment (EIA) of a waste management project proposed by Sofia municipality to deal with the Bulgarian capital’s chronic waste problems has been criticised by Bankwatch’s Bulgarian member group Za Zemiata for failing to consider an alternative waste management scenario officially submitted by NGOs in collaboration with experts and researchers from Europe and the U.S. Such a procedural breach of Bulgarian EIA legislation should, believes Za Zemiata, rule out vital EU funding that the authorities in Sofia are seeking for the EUR 175 million project. [1]

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