Ukraine will increase the share of renewables in its energy mix thanks to a new solar plant in the Mykolaiv region in the south of the country financed by the EBRD and the Black Sea Trade and Development Bank (BSTDB).
The EBRD increased its support for local currency financing in Turkey to a third of its total investment in the country in 2018, a particularly challenging year when an economic slowdown and a dramatic currency depreciation affected many private sector companies.
On Thursday 03 January 2019, the European Bank for Reconstruction and Development (EBRD), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), issued its debut EUR-denominated Green Bond benchmark, a 5-year €600 million Global transaction.
The EBRD is strengthening access to local currency loans for micro, small and medium-sized enterprises (MSMEs) by signing a credit line with Enda Tamweel, the largest microfinance institution in Tunisia.
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union(EU) and Italy, is helping to strengthen small and medium-sized enterprises (SMEs) in Egypt by improving their competitiveness and establishing stronger value chains.
Five years after the start of the events that changed the political course of Ukraine, reformers and main donors supporting the change process will gather in Kiev on Thursday to collectively reflect on the progress achieved to date and discuss ways to deepen the reforms towards a prosperous future.
"We all want the holidays to be a time of happiness and relaxation, but the pressure to overspend robs people of the joy of the season and increases financial stress," said Brian Ford, financial well-being executive at SunTrust.