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A threatened growth package

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Shifting gears from the austerity years, EU leaders recently proposed injecting EUR 120 billion into the European economy.


State guarantee vote for TES 6 overshadowed by OLAF corruption investigation

A state guarantee law supporting the construction of a 600 MW lignite plant at Sostanj in Slovenia (TES 6) was passed this week despite allegations of corruption against the management of the company remaining unsettled. Even more, the European Anti-Fraud Office (OLAF) recently opened an official investigation into TES 6. (1)

'Green' EU budget to pump more money into brownfields

Source: Ana-Maria Tolbaru, EurActiv

The EU's new regional funds for 2014-2020 will see more money allocated to the regeneration of brownfield sites, helping old industrial areas generate new economic activity.

OLAF decision to investigate corruption at TES 6

The European Anti-Fraud Office (OLAF) decided to start an official investigation into the case of the Sostanj lignite power plant in Slovenia due to serious concerns about corruption and conflicts of interests in the granting of the contract to the company Alstom.

(Information on OLAF staff has been blackened on request by the Office.)

Bringing EU standards to third countries?

When it comes to Ukrainian nukes, EIB and EBRD are far from providing a good example.

Bringing EU standards to third countries?

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When the European Investment Bank and the European Bank for Reconstruction and Development invest money in our countries, they are often expected to promote good practices in the projects they support.


Fossil Fuels Denied European Public Subsidies

Source: Zoe Casey, Green Chip Stocks

MEPs sitting on the regional development committee have rejected a proposal that would have allowed public subsidies to be spent on fossil fuel infrastructure projects under the European Regional and Development Fund.

MEPs reject plans for fossil fuel subsidies

Source: Zoe Casey, REVE

For every $1 of government support given to renewable energy around the world, at least $5 are given to fossil fuels, according to the International Energy Agency.

Greens call for active efforts by European Commission to ensure an improved EBRD mining strategy

The letter by the Green members of the European Parliament calls for active efforts of the EU representative at the European Bank for Reconstructoin and Development to ensure that the bank's new mining strategy endorses EU principles and standards for resource efficiency, biodiversity protection, poverty eradication, inclusive growth, transparency and public participation in the mining projects the EBRD supports.

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