Astana, Kazakhstan – After twenty years of promoting market economies in central and eastern Europe, the European Bank for Reconstruction and Development needs to move swiftly and genuinely towards prioritising social justice and transition to energy efficient, renewable energy based economies if it wants to bring real benefits to the region, says a new policy paper from CEE Bankwatch Network issued on the occasion of the EBRD annual meeting in Astana May 20 (1).

Ljubljana, Slovenia -- CEE Bankwatch Network and Slovene NGO FOCUS are calling on the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to review their plans to provide 650 million euros in loans for the controversial 600 MW TES 6 block at Slovenian lignite plant Sostanj.