EU funds for fifty harmful projects: NGOs announce ‘RegioScars’ – the three most ill-conceived projects in CEE countries
February 25, 2008
A new map with details of 50 environmentally damaging and economically dubious infrastructure projects in Central and Eastern Europe was launched by CEE Bankwatch Network and Friends of the Earth Europe in Brussels today . Based on the most extensive investigation to date, the map entitled ‘Cohesion or Collision?’ shows controversial projects with a total cost of EUR 22 billion. The projects are either already financed, or planned to be financed, by EU structural and cohesion funds and/or the European Investment Bank (EIB) .