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The Czech daily Hospodarske Noviny (English: “Economic Newspaper”) is reporting today that the Czech Export Bank (CEB) and export insurance agency EGAP may not be be able to finance the Pljevlja II lignite power plant in Montenegro due to new OECD rules entering force on 1 January 2017. by Hugo Charat, cross-posted from the Bankwatch… » read more

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Czech environmental and law groups have proposed a law amendment to revive the disadvantaged renewable energy sector in their country. Karel Polanecky from Bankwatch member group Hnuti Duha explains their initiative.   Cross-posted from the Bankwatch blog. (Image by flickr user abejorro34 (CC BY-NC 2.0))   There are many impressive numbers related to Germany’s Energiewende… » 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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The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances. by Petr… » read more

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A new law that will redraw the Czech Republic’s approach to renewable energy is suspected to bring the development of the Czech renewables sector to a standstill and instead provide a boost for the country’s fossil fuel sector. by Ondrej Pasek, cross-posted from the Bankwatch blog No sooner had Polish prime minister Donald Tusk reaffirmed… » read more

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