Archive | July, 2015

NGOs demand: No public money for Lukoil and mega gas project in Azerbaijan

On Wednesday 22 July the European Bank for Reconstruction and Development (EBRD) will decide whether it will arrange a loan of up to $ 500 million to Russia’s Lukoil for the Shah Deniz II offshore gas project in Azerbaijan. Together with the campaigners of Sport for Rights and sixteen other NGOs, Counter Balance has written […]

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Report: Towards a reinforced accountability architecture for the European Investment Bank

‘Towards a reinforced accountability architecture for the European Investment Bank’ proposes a number of crucial reforms to guarantee democratic oversight, transparency and quality of the lending of the EU’s financial arm in the pivotal year of 2015. On paper the EIB has one of the best developed Complaint Mechanisms guaranteeing downward accountability to all citizens […]

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Plan Juncker: Europa apuesta por más hormigón

Originally appeard on Diagonal Periodico, by Enric Bonet El Banco Europeo de Inversiones (BEI) financia megaproyectos dudosos y poco sostenibles que evidencian el lado más oscuro de la relación entre lo público y lo privado. La ampliación del Puerto de El Musel (Gijón) tuvo un sobrecoste de unos 250 millones de euros sobre el presupuesto […]

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