EBRD

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EBRD forecasts Azerbaijan’s GDP growth

EBRD forecasts Azerbaijan’s GDP growth

European Bank for Reconstruction and Development (EBRD) forecasts 2.5%-growth in Azerbaijan’s GDP in 2018, according to the bank's Regional Economic Prospects report. ‘This is 0.5% higher than previous forecast’, …

EBRD to finance project linking SGC and Western Europe

EBRD to finance project linking SGC and Western Europe

The European Bank for Reconstruction and Development (EBRD) will provide 60 million euros loan for the construction of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA), EBRD said. According to the statement, BRUA …

EBRD predicts Azerbaijan’s economic growth

EBRD predicts Azerbaijan’s economic growth

Azerbaijan’s GDP is projected to rise by 2% in 2018, according to the Transition Report of the European Bank for Reconstruction and Development (EBRD). The EBRD also expects the country’s GDP to drop by 0.5% in 2017. …

EBRD: Azerbaijan’s economy to grow in 2018

EBRD: Azerbaijan’s economy to grow in 2018

Azerbaijan’s economy to grow 2% in 2018, the European Bank for Reconstruction and Development (EBRD) said. According to an updated Regional Economic Prospects report, the start of gas production within the second stage of …

Ilham Aliyev meets with Suma Chakrabarty

Ilham Aliyev meets with Suma Chakrabarty

Today, President of Azerbaijan Ilham Aliyev met with the delegation headed by the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, the press service of the head of state reported. Recall, as …

EBRD president due in Azerbaijan

EBRD president due in Azerbaijan

President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti will visit Azerbaijan on Sept. 7-8, the EBRD head office told Trend Sept. 5, Trend reports. “This visit underlines EBRD’s commitment …

EBRD to continue projects in Armenia

EBRD to continue projects in Armenia

Armenian Prime Minister Karen Karapetyan told today the visiting President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti  that EBRD-financed projects implemented in Armenia …

EBRD ready to allocate $500 mln loan to TANAP

EBRD ready to allocate $500 mln loan to TANAP

Azerbaijan’s Southern Gas Corridor Closed Joint Stock Company may receive $500 million loan for the Trans Anatolian Natural Gas Pipeline (TANAP) from the European Bank for Reconstruction and Development (EBRD) . A decision on …

 Chairman of Armenia's Central Bank to meet with EBRD heads

Chairman of Armenia's Central Bank to meet with EBRD heads

Chairman of the Central Bank of Armenia Arthur Javadyan has left for Cyprus to attend the annual meeting of the European Bank for Reconstruction and Development (EBRD) and a business forum in Nicosia, the bank's press service …

EBRD President: cooperation with Russia important for us

EBRD President: cooperation with Russia important for us

The European Bank for Reconstruction and Development (EBRD) does not have plans to finance new projects in the territory of Russia in 2017, EBRD President Suma Chakrabarti said. "The EBRD does not plan to finance …

EBRD: Azerbaijan’s GDP to grow in 2017

EBRD: Azerbaijan’s GDP to grow in 2017

The European Bank for Reconstruction and Development (EBRD) forecasts Azerbaijan’s GDP to grow by 1 percent in 2017, the head of the bank’s resident office in Baku, Ivana Duarte, said. She noted that …

Is Georgia's economy on the rise?

Is Georgia's economy on the rise?

The National Bank of Georgia increased its forecast for GDP growth in the country in 2016 from 3% to 3.5%, the President of the National Bank, Koba Gvenetadze, said at today's briefing. "The difficulties in …

EBRD ready to invest in Alat free trade zone

EBRD ready to invest in Alat free trade zone

Azerbaijani President Ilham Aliyev has received the  President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, in Baku.   Pointing to EBRD`s investment in …

Azerbaijan interested in further cooperation with EBRD

Azerbaijan interested in further cooperation with EBRD

President of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti, APA reports.  The head of state …

 EBRD president to visit Azerbaijan next week

EBRD president to visit Azerbaijan next week

The President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, will visit Azerbaijan on May 24-25. "Chakrabarti will visit Turkmenistan on May 23-24, Azerbaijan on May 24-25 and …