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3:1 against Ombla, Croatia must stop gung-ho investment
June 20, 2012 | Read more
3 out of 4 experts gave a negative opinion on the environmental study of the Ombla hydropower plant. Now the Croatian government must heed their warnings and stop the project.
#Endfossilfuelsubsidies in Ukraine
June 19, 2012 | Read more
Joining a global day of action against fossil fuel subsidies, Bankwatchers in Ukraine highlighted how much still needs to be done in their country.
The EIB in Greece: by the numbers
June 15, 2012 | Read more
As Europe’s financial establishment braces for the results of tomorrow’s Greek elections and Eurozone officials dangle the carrot of a new European Investment Bank programme in front of Athens, we’ve prepared a snapshot of previous EIB loans in the country. [1] [2] [3] [4] (NB: any tricolour similarities are entirely coincidental.)
With the European Parliament’s ratification of the expansion of EBRD operations to north Africa the question arises again: Is the bank fit for this purpose? The Parliament’s answer sounds like a resounding ‘maybe’.
Brussels – Representatives of EU Member States meeting tomorrow in Brussels intend to promote the financing of gas distribution, storage and transmission from Cohesion Policy funds meant for low-carbon measures in the next EU budget. Such support for gas would mean the EU’s dependency on fossil fuels will continue for decades, undermining global efforts to combat climate change.
