Odile Renaud-Basso

EBRD forecasts 5.5 pct growth in Turkish economy, 4.2 pct in emerging countries

Turkey's economy is expected to grow by 5.5 percent in 2021 and 4 percent in 2022, according to the forecast of the European Bank for Reconstruction and Development (EBRD) released on June 29.

The forecast for Turkish economic growth this year is driven by exports, as the bank said domestic demand remains constrained by the impact of weaker household financial circumstances.

Delphi Forum- EBRD President: “For us Greece is a success story”

The European Bank for Reconstruction and Development (EBRD) is focusing on "green transition", starting in Eastern Europe and gradually moving to Turkey and other Mediterranean countries, said Odile Renaud-Basso, President of the Bank. 6th Delphi Economic Forum, which is under the auspices of the President of the Republic, Katerina Sakellaropoulou.

Istanbul joins European bank's Green Cities program

Istanbul, Turkey's largest city by population, has joined the European Bank for Reconstruction and Development (EBRD) Green Cities urban sustainability program.

The European bank will provide financial support to the construction of a new 14 km metro line connecting the east and west of the city, according to a statement from the bank on May 3. 

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