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Letter to EIB regarding a planned loan for ArcelorMittal

Advocacy letter | 19 October, 2009 | Download PDF

The letter by NGO coalition Global Action on Arcelor Mittal (GAAM), follows the discovery of EIB considerations of a loan for steel company ArcelorMittal and informs the EIB of ArcelorMittal’s extremely poor environmental, social and transparency record in many countries. As the worlds largest steel company ArcelorMittal could access financing from other sources, and there is no added value in providing a low-interest public loan to the company. GAAM and Bankwatch therefore urge the EIB not to approve any loan to ArcelorMittal in the foreseeable future.


Fact-finding mission report on Corridor Vc motorway project, Bosnia and Herzegovina

Briefing | 19 October, 2009 | Download PDF

This report details the findings from our second fact-finding mission on the Corridor Vc motorway in Bosnia and Herzegovina, carried out in September 2009. Since the last mission in March proposals for changes in the route have been approved by the government of the Federation of Bosnia-Herzegovina, which would avoid the problems at the tentative UNESCO World Heritage Sites Blagaj and Pocitelj.


Report from the Gazela resettlement fact-finding mission in October 2009

Briefing | 19 October, 2009 | Download PDF

On 31 August 2009 the inhabitants of the Gazela informal settlement in Belgrade were resettled to temporary accommodation at four sites outside of Belgrade. After a visit conducted by partner group CEKOR in September which found a number of important issues needing to be addressed, Bankwatch carried out a follow-up fact-finding mission on 6-8 October 2009.


Letter to DG Regio and DG Envi regarding further simplification of EU funds regulations

Advocacy letter | 19 October, 2009 | Download PDF

The letter expresses the concern about potential environmental impacts and sustainability aspects of the proposal to further simplify EU funds regulations as a response to the economic crisis.


Letter to EBRD regarding South Ukraine Transmission Project

Advocacy letter | 12 October, 2009 | Download PDF

The letter is drawing attention to a number of serious deficiencies surrounding the South Ukraine Transmission Project. The project is expected to be financed by both the EBRD and EIB, but the public consultations surrounding the project have been seriously tarnished. Construction of such transmission lines potentially affects the lives and everyday business of local people. Yet, as the document shows, their access to the project information is being restricted.