MEPs call on EIB not to disburse funds to Sostanj lignite power plant

This letter from Claude Turmes (Greens), Alojz Peterle (EPP) and Kathleen van Brempt (S&D) calls upon the European Investment Bank’s President Werner Hoyer to withhold the disbursement of EIB funds for the Šoštanj lignite power plant project in Slovenia due to ongoing corruption investigations and the project's questionable economic viability.

It is not acceptable that the EU’s house bank should transfer funds for a project which is being actively investigated at all levels for corruption and noncompliance with EU law, from national to European, and whose economic feasibility is under such serious doubts.