September 20, 2017
As the Georgian government moves ahead with its plans for increasing the country’s hydropower capacity, local communities are being sidelined in the process of compensation payments.
EU funds in central and eastern Europe: ‘partnership principle’ still not translating to ‘partnership in practice’
August 29, 2017
A new report assesses the state of play with the involvement of civil society partners in EU funds.
August 29, 2017
This report provides an assessment of the application of the “European Code of Conduct on Partnership” (ECCP) during the first half phase of ESI Funds implementation in the Czech Republic, Hungary, Latvia, Poland and Slovakia.
“To the best of our knowledge”: How to improve the transparency and accountability of intermediated EBRD investments in three steps
May 9, 2017
Disbursing public money via private-sector controlled financial intermediaries (FIs) is a means to an end: reaching a larger set of smaller beneficiaries. It has its strong rationale, in particular when it comes to renewable energy projects that, in co …
May 4, 2017
The Nenskra hydropower plant is implemented by two state-owned institutions and likely to be funded by several publicly owned development banks. Nonetheless, information about the contested project is being held back from public scrutiny.
March 6, 2017
The European Investment Bank (EIB) is being investigated for maladministration, after the European Ombudsman sent a formal letter opening the case this week (27 February 2017).
February 15, 2017
Although not an institution that typically receives much fanfare, the export credit agency (ECA) in the Czech Republic has a poor track record worthy of more scrutiny. Its latest failure relates to a contract for the construction of a power plant in Tu …
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).
November 18, 2016
The European Investment Bank’s failure in safeguarding the most vulnerable groups in its projects shows it is ill-equipped to help refugees and host communities in the European Union’s neighbourhood. A new report explains the bank’s weaknesses in identifying and responding to human rights risks.
The EU bank’s dubious overseas development experience shows it cannot be a key player in Europe’s response to the plight of refugees – report
November 18, 2016
The EIB is increasingly given a prominent role in the EU’s response to the so-called refugee crisis stretching the bank’s operations well beyond its current mandate for overseas investments. Yet, a new report by Counter Balance and CEE Bankwatch Network takes a closer look at projects the EU’s house bank has been financing outside Europe to find a dismal track record on a range of issues from transparency to human rights. This, the report authors say, should serve as a warning sign for the European Parliament and Council as they consider boosting the bank’s mandate.