The case for deeper financial integration in emerging Europe remains strong as the Vienna Initiative marks a decade since its launch as a unique public-private forum that helped the region weather the worst of the global economic crisis.
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.
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.
Small and medium-sized enterprises (SMEs) in Kosovo will be able to improve their competitiveness with the help of a financial package extended to ProCredit Bank Kosovo by the EBRD and the EU.
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’s successful urban greening programme, EBRD Green Cities, is quadrupling in size, and has also won new support of €87 million from the Green Climate Fund (GCF) Board.
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.
SMEs in Kosovo will get help in moving towards EU standards as the first loan in the country is made available from the EBRD and EU under the Kosovo SME Competitiveness Support Programme.
"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.
The population of Bacau will benefit from a €11 million loan provided by the EBRD and the Green Energy Special Fund (GESF) to modernise street lighting in the Romanian city.
Private businesses, including energy service companies (ESCO) and municipalities will benefit from wider access to finance thanks to a €15 million loan that the EBRD is providing to Banca Intesa, the largest bank in Serbia. The loan will be on-lent for energy efficiency investments.
Trade Ready, a new EBRD trade support initiative, was introduced in Georgia today to benefit the country’s small and medium-sized enterprises (SMEs) working to improve their competitiveness to succeed in international markets.
Overcoming the legacy of the operation of nuclear-powered ships in northern Russia is marking a major milestone today with the opening of a shelter for the defuelling of the former Soviet icebreaker service ship Lepse.
The EBRD stands ready to scale up its investment in Romania, the Bank’s President, Suma Chakrabarti, said during a visit to Bucharest which he concluded today.