Funny business as usual in the Czech Republic – one of the biggest fines in EU funds history handed out to Prague metro project
November 13, 2013
The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances.
“Job creation, reduced energy bills, cleaner environment … hmmm” – eastern member states failing to grasp EU Budget’s green potential
November 11, 2013
With only a few weeks to go until the end of the year, and the official start of the new EU budgetary period for 2014-2020 that will see billions of euros flow into central and eastern Europe (CEE), national governments are racing to finalise their EU spending allocations for the forthcoming seven-year period. But, according to new analysis and a data visualisation put together by Bankwatch and Friends of the Earth Europe, CEE member states look set to pass up the opportunity to devote adequate funds for green projects and initiatives.
Charts: Financial allocations for Cohesion Policy
August 29, 2013
Cohesion Policy decisions are heating up at national level while financial allocations for the period 2014-2020 have been published this week.
Environment ‘hollowed-out’ of future Cohesion Policy – NGOs slam EP vote
July 10, 2013
Brussels, July 10, 2013 – The green potential of a third of Europe’s budget for 2014-2020 has been hollowed-out following a vote in the European Parliament today, according to Bankwatch and Friends of the Earth Europe. The committee for regional development (REGI) has approved proposals to reform EU Structural Funds – money intended to improve the economic well-being of regions – which include a last-minute shift from legally-binding to voluntary environmental spending.
Democratising Cohesion Policy – Slovakia not ready to put EU funds spending in citizens’ hands
July 10, 2013
With today’s approval of the watered down proposals to reform EU Structural Funds in the European Parliament’s committee for regional development (see our press release), EU decision makers have taken a step away from ambitious environmental spending in the future Cohesion Policy. At the same time also national level allocation of the 2014-2020 funds is starting to take shape. But efforts to get the funds working sustainably for, and on behalf of, needy local communities are being thwarted in Slovakia – for a range of all too familiar reasons.
Is the Latvian success story over? Good public participation practices in EU funds planning in Latvia turns sour
July 8, 2013
So far the planning for Latvia’s use of the EU funds for the 2014-2020 period has been a reasonably positive experience from a partnership perspective. Yet the process that has, until recently, been notable for its transparency and high level of public participation is now in danger of being derailed.
EU budget: green jobs to be found amidst disappointing deal
July 3, 2013
Brussels, July 3, 2013 – Following today’s approval by the European Parliament of Europe’s €960 billion budget for 2014-2020, Bankwatch and Friends of the Earth Europe are calling on individual member states to make the most of a disappointing deal by respecting green spending commitments – thereby boosting green jobs and truly sustainable investments.
As Croatia accedes to the EU, questions remain over whether EU billions can succeed for Croats
July 1, 2013
Croatia’s new Law on Strategic Investments does not bode well for the sustainable use of EU funds in Croatia now that the country has become an EU member state.
Green agriculture spending culled in Estonia – NGOs demand proper use of future EU money
June 26, 2013
While the EU’s future common agricultural policy is taking shape in Brussels, it’s not just there that major agri-business interests are flexing their muscles to take the ‘green-ness’ out of EU agricultural spending.
EU funds in people’s hands. When small things make a difference.
June 17, 2013
A Croation winner of Bankwatch’s Better Ideas contest for sustainable EU Funds has just begun implementing their project. The positive responses from their community and the successful start illustrate that “small is beautiful” can also apply to Cohesion Policy.
