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Human rights concerns over EIB loan to TANAP – an Open Letter

  In view of the upcoming EIB Board of Directors meeting on 19 September, Counter Balance along with a group of 25 NGOs has sent an open letter to the bank’s President Werner Hoyer and Directors, highlighting the serious human rights concerns over the Trans Anatolian Pipeline (TANAP) project. As the bank envisages a huge […]

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Azerbaijan’s Laundromat scandal raises concerns over the EU’s growing business ties with the authoritarian regime

Azerbaijan’s Laundromat scandal raises concerns over the EU’s growing business ties with the authoritarian regime Brussels, 6 September 2017 – Statement by CEE Bankwatch Network, Counter Balance and Friends of the Earth Europe Adding up to the list of shady practices of Azerbaijan’s authoritarian regime the Azerbaijani Laundromat corruption scheme raises serious concerns over the […]

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Southern Gas Corridor update: Russian involvement increasingly evident

While new public finance for the Southern Gas Corridor is lining up, the European Commission’s narrative that the pipeline would relieve Europe’s dependence on Russian gas continues to crumble. — By Ido Liven, originally published by Banwkatch — Another chunk of EU public money could soon be going to the Russian component of the Southern […]

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Italian communities block pipeline works to save ancient olive trees

by Elena Gerebizza, Energy campaigner for Re:Common. Originally published by Bankwatch. March 23, 2017 Resistance against the Trans-Adriatic Pipeline has been active for several years in the region. An ancient olive grove in southern Italy is currently on the frontlines of grassroots resistance to the Southern Gas Corridor project, the EU’s flagship energy project. Earlier […]

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Counter Balance’s statement in solidarity with the No TAP Committee

Counter Balance expresses its solidarity with the citizens peacefully opposing the construction of the Trans-Adriatic Pipeline in Melendugno (Puglia region, Italy). We stand in solidarity with the No TAP Committee and the non-violent actions to stop the illegal construction works that took place on the ground in recent days. Over the last years, we have […]

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Azerbaijan suspended from the EITI – a Bankwatch and Counter Balance statement

A decision to suspend Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) adopted yesterday (Mar 9) is the latest reminder for international financial institutes to avoid supporting the Southern Gas Corridor (SGC) project   In 2015, the EITI board downgraded Azerbaijan’s membership status due to its relentless crackdown on civil society, political opponents and […]

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