Small businesses in Turkey will have greater access to much-needed local currency funding thanks to a TRY 100 million loan provided by the EBRD to TAM Faktoring, a fast-growing factoring firm.
Parliament has agreed to set up an EU-level tool to screen foreign direct investment on grounds of security to protect strategic sectors, in a vote on Thursday.
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).