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‘Reforming the budget, changing Europe’ – What next? – Open letter to President Barroso

Advocacy letter | 18 June, 2010 | Download PDF

The open letter, signed by members of the Coalition for Sustainable EU Funds, calls on the President of the European Commission Manuel Barroso to ensure a clear, transparent and participatory EU budget reform process that builds on the outcomes of the 2007-2008 consultation “Reforming the budget, changing Europe”, which delivered an unequivocal request for change.


Counter Balance statement on the Commission proposal for a Decision of the European Parliament and the Council granting a EU guarantee to the EIB against losses under loans and guarantees for projects outside the EU

Policy comments | 9 June, 2010 | Download PDF

Given an array of evidence (described in this letter) that the EIB is not yet suited for a development role, and taking into account the increased onus within the Decision on development, Counter Balance strongly opposes the recommendations of the Decision that the EIB receives the €2bn optional mandate for a new climate mandate, increase its overall investments, extends the range of financial instruments offered, and undertake concessional lending by mixing EIB money with EU grants.


Bankwatch Mail 45

Bankwatch Mail | 8 June, 2010 | Download PDF

In this issue: Commission seeking to boost EIB development lending despite failures and lack of details * EU Budget review missing in action * Developments in development lending – what Lisbon means for EIB lending outside Europe * A non-meeting of minds once again at the EIB’s annual meeting * EU Funds: More light equals fewer shades of grey * Fossil farce a cure for Greek tragedy?


Complaint on D1 motorway Phase I, Slovak Republic seeking project compliance review

Official document | 6 June, 2010 | Download PDF

We are particularly concerned about the inadequate appraisal of environmental risks connected with the Turany – Hubova section of the D1 motorway in Slovakia, the damage so far and further potential impacts on the Natura 2000 sites and habitats of Community importance. We are convinced that the underestimation of environmental risks has led to insufficient mitigation measures resulting in a recent damage to a nature reserve by preparatory construction works.


Letter to EIB governors on the occasion of the bank’s 52nd annual meeting

Advocacy letter | 27 May, 2010 | Download PDF

The EIB’s annual meeting remains off limits for NGOs in contrast to the often fruitful discussions allowed with the staff and governing bodies of institutions like the World Bank and the European Bank for Reconstruction and Development. This in mind, CEE Bankwatch Network and Counter Balance: Challenging the European Investment Bank have written to the EIB’s governors ahead of their 52nd annual meeting in Luxembourg.