EBRD

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Russia's economy about to revive

Russia's economy about to revive

The European Bank for Reconstruction and Development predicts the transition of the Russian economy from recession to growth already in 2017. According to experts, recession will continue to last this year in the country, as oil prices …

EBRD to provide Armenia with €14.6 million loan

EBRD to provide Armenia with €14.6 million loan

The European Bank for Reconstruction and Development (EBRD) is financing a street rehabilitation program in Gyumri, the second largest city in Armenia, with a €14.6 million sovereign loan, Arka.am reports. The financing will fund …

EBRD promises to assist Georgia in capital market development

EBRD promises to assist Georgia in capital market development

The European Bank for Reconstruction and Development (EBRD) is ready to support the Georgian government in the implementation of investment projects and assist the country in security market development. Georgia’s Prime Minister …

Georgia receives EBRD loan for construction of hypermarkets

Georgia receives EBRD loan for construction of hypermarkets

The European Bank for Reconstruction and Development (EBRD) has allocated 39.5 million euros for the construction of Carrefour retail stores across Georgia "The presence of modern retailers like Carrefour will also help to …

 Suma Chakrabarti supports economic reforms in Azerbaijan

Suma Chakrabarti supports economic reforms in Azerbaijan

The President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, will visit Azerbaijan in June. Chakrabarti informed about it during a meeting with Azerbaijan’s economy minister …

EBRD delegation arrives in Baku

EBRD delegation arrives in Baku

A delegation of the European Bank for Reconstruction and Development (EBRD) has arrived in Baku to discuss a package of support for the private sector of Azerbaijan. “A part of the delegation headed by EBRD Regional Director …

EBRD downgrades outlook for Kazakh economy

EBRD downgrades outlook for Kazakh economy

The European Bank for Reconstruction and Development (EBRD) has downgraded its outlook for the Kazakh economy in 2015 to 1.2%, from the May 2015 figure of 1.5%. The reports said that the "growth in Kazakhstan, the largest economy …

EBRD to help Central Bank of Azerbaijan

EBRD to help Central Bank of Azerbaijan

The Central Bank of Azerbaijan has requested technical assistance from the European Bank of Reconstruction and Development (EBRD). Yesterday, CBA Chairman Elman Rustamov held negotiations on Baku with the Managing Director for