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Letter to European Commission suggesting further priority measures to guide the Commission’s resource efficiency flagship initiative

Advocacy letter | 19 January, 2011 | Download PDF

Bankwatch welcomes the European Commissions “A resource efficient Europe – flagship initiative of the Europe 2020 Strategy” as an effort to build a holistic approach to resource efficiency. This letter suggests further priority measures that should guide this initiative and proposes an integration of resource efficiency in different EU policies and actions.


Letter to EBRD President Thomas Mirow requesting public withdrawal from the Moscow – St.Petersburg motorway project routed through Khimki forest

Advocacy letter | 17 December, 2010 | Download PDF

While the EBRD has repeatedly expressed its concerns about the project development process for this project, it has so far refrained from making any final decisions on whether to finance the road or not. We believe the time has now come for the bank to clearly and publicly withdraw from the project.


Letter to EIB President Maystadt requesting the bank’s withdrawal from the Moscow – St.Petersburg motorway project routed through Khimki forest

Advocacy letter | 17 December, 2010 | Download PDF

While the EIB has repeatedly assured of its efforts to improve the project’s planning and public consultation process, recent developments show that these efforts have not been successful. We believe the time has now come for the bank to clearly and publicly withdraw from the project.


Missing in action – The winners, the losers and the unknowns of the European Investment Bank’s anti-crisis SME offensive in central and eastern Europe

Study | 8 December, 2010 | Download PDF

In 2008, the EIB’s deployed an additional EUR 15 billion to its ‘global loan’ lending – as a response to the financial crisis and the difficulty for small and media sized enterprises to access finance. In essence, the package appears to have remained to a large extent in the intermediary banks, the initial recipients of the funding.


Labour conditions at Furshet supermarkets in Ukraine. How employee rights have been shaping up since the start of EBRD financial support

Study | 7 December, 2010 | Download PDF

In 2007 the European Bank for Reconstruction and Development (EBRD) provided a USD 90 million loan to the second largest supermarket operator in Ukraine – the Furshet Group – for the regional expansion of its chain in Ukraine and Moldova. The aim of this research was to examine labour/gender conditions at supermarkets in respect of employee rights and discrimination at work, resulting in recommendations how Furshet and the EBRD can improve the employees’ situation.