United Nations report highlights risks and failures of public-private partnerships
March 14, 2016
A United Nations study finds that public-private partnerships involve substantial risks for the public sector and have often failed to yield ‘value for money’.
After Slovenia’s Sostanj coal power plant debacle, is any bank going to finance Croatia’s Plomin C?
June 12, 2015
Slovenia’s newly built Sostanj 6 is expected to generate losses of around EUR 200 million over the next 3-4 years. Given that Croatia’s Plomin C project shares some of Sostanj 6’s features could Croatia be about to repeat its neighbour’s mistakes?
Agro business shooting star in Ukraine turns into nightmare for investors
February 18, 2015
The story of the defaulted company Mriya Agro Holding shows what risks investors and creditors are willing to take in the pursuit of profit in Ukraine’s agribusiness. Major creditors, including the International Finance Corporation and export credit agencies have been left with little hopes of recoveries. The European Bank for Reconstruction and Development has escaped the financial loss by a hair’s-breadth.
