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Contest for citizens ideas for a better EU budget – awarded projects
December 14, 2012 | Read more
Bankwatch’s Better Ideas competition invited ideas for projects could be financed by EU funds and that best contribute to the sustainable development in people’s communities. These are the winning projects in each of the participating countries.
Even with the latest investment plan for unit 6 at the Sostanj lignite power plant (TES 6), the project’s economics are (surprise, surprise) still distinctly shaky as an independent analysis shows. Nonetheless, the project looks ever more likely to get a state guarantee from the Slovene government.
A protest action held today in front of the EBRD office in Kiev by Greenpeace and Bankwatch highlighted the dangers of Ukraine’s plans to prolong the operations of its 15 nuclear reactors. The groups called on the European Bank for Reconstruction and Development (EBRD) to take safety more seriously than Ukrainian authorities and invest in decommissioning rather than lifetime extensions.
Since the news broke in early November that the European Bank for Reconstruction and Development is considering supporting Monsanto, one of the most controversial agricultural corporations, with up to USD 40 million, we have heard voices of protest from across Europe. Last Thursday, Serbian NGOs and anti-GMO activists took their protest to the Belgrade offices of the EBRD
The European Investment Bank (EIB) is gearing up to pay 440 million euros to a new 600 MW lignite plant in Slovenia at a time when calls for an end to subsidies for fossil fuels are intensifying all over the world.



