June 19, 2018
The Vinča waste PPP contract between the City of Belgrade and the Suez-Itochu consortium raises numerous issues including the terms of the contract, the waste management model envisaged, and the impacts on the Roma population living on the landfill, as
The Bratislava bypass – a public-private partnership to get around traffic problems and debt statistics
December 19, 2016
In this report, Bankwatch and Counter Balance trace the murky story of the Bratislava bypass, a EUR 1.76 billion project supported by the Slovak government and promoted as the biggest project in central eastern Europe that was guaranteed through the European Fund for Strategic Investments (EFSI).
EFSI case study: Bratislava bypass: A transport public-private partnership with high costs and limited benefits
June 8, 2016
The so-called European Fund for Strategic Investments (EFSI) should unlock additional investment of at least EUR 315 billion over a three year period (2015-2017). One of the projects benefiting from the financing concerns the design, construction, operation and maintenance of about 27km of a motorway around Bratislava. The project will come with high costs, will damage biodiversity and likely not solve local transport problems.
March 29, 2016
The Zagreb wastewater plant public-private partnership (PPP), financed by the European Bank for Reconstruction and Development (EBRD), has for years been highlighted by Bankwatch and its member group Zelena akcija/Friends of the Earth Croatia as a harmful project allowing the private sector enormous profits at the expense of the City of Zagreb and the public.
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’.
January 19, 2016
The World Bank is currently inviting comments for its consultation on disclosure in public-private partnership projects. Deadline for inputs 29th February 2016.
September 30, 2015
Although World Bank research and documents acknowledge the limitations of public-private partnerships the bank continues to push PPPs despite concerns.
October 20, 2014
Something quite amazing happened yesterday evening in Zagreb. The Croatian police and the State Prosecutor announced that several people had been arrested on suspicion of a number of criminal corruption offences, abuse of office and peddling influence. Among the arrested were Zagreb Mayor Milan Bandic, Head of Zagreb Holding municipal company Slobodan Ljubicic, the head of the ZET public transport company Ivan Tolic, head and part-owner of the CIOS metal recycling company Petar Pripuza and around 15 more un-named people.
November 21, 2013
The complicated nature, hidden future debts and other characteristics of public-private partnerships have led the Czech Republic’s national security service to consider them a potential threat to public interests.
July 22, 2013
Despite collecting impressive evidence from 20 years of failed public-private partnerships in central and eastern Europe, an EBRD-financed study by the Economist Intelligence Unit concludes to continue using the controversial financing scheme.