Bankwatch

Montenegro’s new draft energy strategy needs cutting down to size if environmental and economic damage is to be avoided. by Pippa Gallop, cross-posted from the Bankwatch blog Looking at the Montenegro government’s draft White Paper on the country’s Energy Development Strategy until 2030, due to be approved on June 19, you would never think that… » read more

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New cases of arbitrary repression against civil society happened in the run-up to the presidential elections in Egypt. A look at the loans so far approved by the European Bank for Reconstruction and Development suggests that those in power have been more successful in receiving the bank’s support. by Kuba Gogolewski, cross-posted from the Bankwatch… » read more

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It’s not that easy to pull off a celebratory mood this 1st of May, even though on this date we mark the anniversary of 10 years since most of central and eastern Europe joined the European Union. by Claudia Ciobanu, cross-posted from the Bankwatch blog Europe’s coming out of the economic crisis is murky, far-right… » read more

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A highly problematic Danube dam project has found its way into the Slovak Operational Programme for the Cohesion Policy spending in the 2014-2020 period and has become a small scandal in the country. by Roman Havlicek and Miroslav Mojzis, cross-posted from the Bankwatch blog Following publication of this blog, a meeting was requested and convened… » read more

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The Partnership Agreement (the main strategic document underpinning the new Cohesion Policy) is the place to state not only intentions but commitments, yet the latter are missing in Slovakia’s EU funds blueprint for now. by Miroslav Mojzis, cross-posted from the Bankwatch blog The EU funds programming process in Slovakia is gaining speed as it enters… » read more

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by Ivo Kropacek, cross-posted from the Bankwatch blog The Czech Republic’s long-standing difficulties in realising major waste incinerator schemes via EU funds investments have taken a turn for the worse in recent weeks as the European Commission has poured cold water on the country’s incineration plans, both as they apply to the 2007-2013 EU funding… » read more

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Georgian public opinion backs the village of Kaishi in the Georgian mountains that defiantly defends its land and tradition against the planned Khudoni dam. The project promoters have now embarked on an all-out promotion campaign including a fake non-governmental organisation. by David Chipashvili, cross-posted from the Bankwatch blog Local communities that are demanding fair treatment… » read more

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The findings of a visit to the EBRD sponsored Patos Marinza oil field in Albania show how local development and investments in resource extraction often do not go hand in hand. The case provides valuable lessons for the revision of the EBRD’s safeguard policies. by David Hoffman, cross-posted from the Bankwatch blog I first visited… » read more

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The European Bank for Reconstruction and Development praises its own achievements in the agricultural sector. A look at Ukraine, however, reveals how sustainable food provision, local communities and the quality of soil are falling by the wayside with the bank’s focus on big industrial operations. by Natalie Kolomiets, cross-posted from the Bankwatch blog Over the… » read more

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by Sophie Delaval, cross-posted from the Bankwatch blog The EBRD’s board of directors yesterday approved a USD 20 million loan for the expansion of Nestlé Egypt food production company. Leaving aside the question whether Nestlé – one of the world’s largest companies from one of the world’s richest countries – really qualifies for multilateral development… » read more

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