Letter to the EIB on the financing of MOSE project in Italy and corruption scandal

Re:Common and Counter Balance have written to the European Investment Bank (EIB) President and Directors to notify the bank of the latest developments regarding the trial for corruption that just ended in Italy in relation to the MOSE project. MOSE is a major infrastructure project in Italy which received financial support from the EIB for […]

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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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Event: Global gas lock-in: linking North-South resistance – Brussels 21-23 September

Counter Balance, with Rosa-Luxemburg-Stiftung and its partners is glad to announce the next gas conference in Brussels. 21.09.2017 – 23.09.2017 The conference follows up on a previous gas meeting in Brussels last year. Conference goals: Building a coalition against further gas infrastructures and LNG imports Organizing along supply chains Learning about impacts of gas extraction […]

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Out for Summer, Episode 3: EIB Promoting development in Egypt – at what cost?

After the Arab Springs, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) engaged in the support of the country’s transition to democracy, endorsing the priorities of el-Sisi’s new government: energy and economic development. But a few years later, the human rights situation in the country still raises big concerns, […]

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Out for Summer, Episode 2: how public banks support an unsustainable farming giant in Ukraine, ignoring communities’ rights

Myronivsky Hliboproduct (MHP) is a poultry farming giant operating in Ukraine. The company has received several loans by public banks including the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), even though its activities are seriously impacting the environment and local rural communities. The banks have so far declined any […]

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