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For its first loan to ‘Arab Spring’ countries the European Bank for Reconstruction and Development has chosen vehicles and partners whose ability to deliver developmental value is highly uncertain. posted on the Bankwatch blog by Greig Aitken, Bankwatch Mail editor This post is an article from the upcoming Issue 53 of our quarterly newsletter Bankwatch… » read more

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Continued debates about a reduction of the future EU budget jeopardise the potential of using EU funds for energy efficiency and renewables investments to provide necessary economic stimulus and climate mitigation. How much money is needed to create 62 300 jobs and how much to save 523 megatonnes of CO2 emissions annually? Yesterday’s General Affairs… » read more

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Alleged corruption at Poland’s second biggest state-owned energy company ENEA S.A. may compromise yet another project financed by European public banks. We have seen a number of cases recently, where clients of the European Investment Bank and the European Bank for Reconstruction and Development have allegedly been involved in serious cases of corruption. (See for… » read more

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