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Home > Archives for dieselgate

dieselgate

EIB blames Ombudsman for not helping redact VW report

July 2, 2019

Volkswagen Group duped the European Investment Bank, from which it borrowed €400m, by not disclosing it was cheating on emissions tests. Requests by EUobserver to see the anti-fraud report however have been consistently rejected. Source: EIB blames Omb


Secrecy of VW fraud report ‘unacceptable’, says MEP

April 23, 2018

Finnish MEP Heidi Hautala won a trailblazing court case two decades ago for the right of EU citizens to receive ‘partial access’ to documents. Now she says it is “outrageous” the European Investment Bank is refusing to release Volkswagen documents. Sou


UPDATED: New documents on European Investment Bank loans to Volkswagen

January 18, 2016

Documents obtained by Bankwatch provide more details for a European Investment Bank statement that its loans to Volkswagen may have been connected to the car makers use of cheating devices to rig emission tests.


9 reasons why the EU’s bank is no climate leader

December 17, 2015

In the run-up to, during and now, with a global deal reached, after the Paris climate summit, the world’s largest public lender, the European Investment Bank (EIB), is positioning itself as a climate pioneer. But is the bank really fit for this role? Can the EIB make a break from its history of financing fossil fuels and polluting forms of transportation after decades of cosy relations with the biggest culprits?


NGO letter to EU institutions: Take immediate action to respond to the dieselgate scandal

November 9, 2015

The dieselgate scandal is symptomatic of a ‘better regulation’ agenda in favour of cutting compliance costs and replacing the role of the public regulator with corporate co- and self-regulation. More than 35 civil society organisations have signed this letter calling for immediate and transparent investigations; EU oversight in the process of type approval for motor vehicles; strengthened enforcement of environmental legislation at EU and Member State level; the suspension of fraudulent companies from the EU lobby register until it has been demonstrated that they comply with EU law.


Environmental organisations deplore ‘lost year’ for environmental protection

November 2, 2015

Brussels, November 2 – One year since the entry into office of the current European Commission headed by Jean-Claude Juncker, environmental groups have criticised the EU executive for a paralysis in policymaking on issues related to the environment.


Up in smoke: the billions for Europe’s auto industry from the EU’s house bank

October 21, 2015

In the wake of last month’s Volkswagen (VW) emissions scandal, a Politico story, based on a Bankwatch analysis, revealed that the car manufacturer enjoyed generous public financial support from the European Investment Bank (EIB). But the full picture is even more disturbing.


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