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Haircuts for eurozone citizens? A closer look at the EFSF

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The European Financial Stability Facility is a crucial element of eurozone leaders’ proposed solution to the debt crisis. But behind the shining EUR 1 trillion armour of the EFSF lurks an institution that could bring further mayhem as a closer look by Bankwatch’s alternative economics coordinator Roman Havlicek reveals.


Three new Czech incinerators to burn EU regional funds

Prague- CEE Bankwatch Network has learnt that the Czech Republic is planning to use 80% of regional funds dedicated to big waste projects for 2007-2013 [1] for the construction of new incinerators, which are three times more expensive than alternative waste management solutions.

A historic event, the European Investment Bank opens its doors (a bit)

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Ahead of a meeting next week that offers a unique chance for discussion with the EIB's Board of Directors, Bankwatch's EIB team leader Anna Roggenbuck gives an overview over some of the issues to which she'd like to hear some comments by the bank's enigmatic leadership.


Potocnik says green economy, European public banks say black coal

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The European Union's internal and external ambitions for green economies are being countered by the activities of European international financial institutions. EU Commissioner for the Environment Potocnik can see that also in his home country Slovenia.


Request for information on EIB role in Ostroleka C coal-fired power plant in Poland

Press information from September 2011 suggested that ENERGA S.A. is holding conversations with the European Investment Bank about financing a new coal-fired unit in Rzekun also referred to as Ostroleka C. With this letter, Bankwatch inquired whether the EIB is having conversations with ENERGA S.A. and if yes, at which stage they are.

Right track, weak attitude. The EU's Resource Efficiency Roadmap.

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The European Commission this week published its ideas on how to build a resource efficient economy in Europe. Bankwatch's resource efficiency expert Marijan Galovic thinks the roadmap's focus is not wide enough yet.


In times of crisis - Poland's take on the Emperor's New Clothes

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Poland has made a worrying proposal on public private partnerships that could risk the future stability of European economies by turning a blind eye to future public debt. But the EU would do well to take the British example as an eye opener.


No more (EU) sweeping under the rug!

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Bankwatch's waste expert, analyses the draft EU Resource Efficiency Roadmap released by the Commission this month. A good start, but much more is needed, says Galovic.


Why not do the obvious and use the EU bugdet for energy efficiency?

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As discussions intensify about the future European Union budget, Bankwatch's Czech energy campaigner outlines how spending EU money on energy efficiency promises better economic, social and environmental returns than the prevailing consensus about big infrastructure projects.


Investment plan for Sostanj lignite power plant TES6 (version 4, unofficial translation)

The new version of the investment programme for a new unit at the Sostanj lignite power plant was prepared by the project promoter after the Slovene government expressed doubts over the economic viability of the investment. All the three previous versions of the document were hidden from the public eye.

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