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Europe's leaders must not subsidise fossil fuels with next EU budget, say NGOs

Luxembourg -- Ahead of discussions this week about how the next one trillion euros EU budget will be spent, EU ministers are being urged to get rid of provisions that would allow public money to subsidise the fossil fuels industry.

Europe's unequal partnerships - a sad tale about energy

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A too strong focus on energy security is steering Europe's engagement with neighbouring states in a troublesome direction for the partnering countries.


Kyrgyzstan: Parliament Talks Trouble for Largest Mine

Source: David Trilling, eurasia.net

Kyrgyzstan’s Kumtor gold mine is responsible for some 12 percent of the country’s GDP. Nevertheless, or perhaps for that reason, politicians can’t seem to keep their hands off it.

Comments and recommendations on the EBRD Draft Mining Strategy

(Download a short version of these comments as pdf.)

As it is now, the EBRD foresees growth in the mining sector and sees its involvement as crucial in this process. At the same time the Bank recognizes that mining can cause significant adverse environmental and social impacts, including permanent ones, and that no single mine can be sustainable since it exploits a finite local resource.

Environmental study for illegal coal plant gets thumbs up in Croatia

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The Plomin “C” coal power plant in Croatia is illegal - so why has its environmental impact assessment been given the thumbs up?


3:1 against Ombla, Croatia must stop gung-ho investment

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3 out of 4 experts gave a negative opinion on the environmental study of the Ombla hydropower plant. Now the Croatian government must heed their warnings and stop the project.


#Endfossilfuelsubsidies in Ukraine

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Joining a global day of action against fossil fuel subsidies, Bankwatchers in Ukraine highlighted how much still needs to be done in their country.


The EIB in Greece: by the numbers

As Europe’s financial establishment braces for the results of tomorrow’s Greek elections and Eurozone officials dangle the carrot of a new European Investment Bank programme in front of Athens, we’ve prepared a snapshot of previous EIB loans in the country. [1] [2] [3] [4] (NB: any tricolour similarities are entirely coincidental.)


Between the headlines: EBRD expansion demands policy-driven approach

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With the European Parliament's ratification of the expansion of EBRD operations to north Africa the question arises again: Is the bank fit for this purpose? The Parliament's answer sounds like a resounding 'maybe'.


EIB in the spotlight, but not the answer to the eurozone's woes

Source: Ian Wishart, European Voice

EIB prepares to take on a greater role.

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