European Bank for Reconstruction and Development

The board of the European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 500 million euros for the construction of the Trans Adriatic Pipeline (TAP), it said in an announcement on Wednesday.

The spoke about "further development of the overall bilateral relations of the two countries, the promotion of economic cooperation and cooperation in the field of energy, as well as the current political topics in the country and region."

"It's a major change, and a sign that the EBRD wishes to increase its presence on the ground, across the Western Balkans, and in Serbia, as the most important state of the region," EBRD Vice President Alain Pilloux was quoted as saying by the Ministry of Construction, Transportation and Infrastructure.

The European Bank for Reconstruction and Development Bank (EBRD) announced on May 29 that it had invested 70 million euros to acquire a stake of nearly 25 percent in a Turkish-owned marina company. 

The European Bank for Reconstruction and Development (EBRD) says it has invested $82 million in a minority stake in Şok Marketler, a fast-growing Turkish discount grocer. 

The European Bank for Reconstruction and Development (EBRD) and Turkey's Credit Guarantee Fund (KGF) have said they are joining forces to expand financing for small and medium-sized businesses led by women. 

The European Bank for Reconstruction and Development (EBRD) has revised up economic forecasts for 2018 as a broad-based recovery continues across its regions, bolstered by stronger investment activity and higher exports.

The Biomedical Research Foundation (BRFAA) of the Academy of Athens on Wednesday signed a cooperation agreement with the European Bank for Reconstruction and Development (EBRD) for the support of the former's new Precision Medicine Infrastructure Project.

A consortium of Italy's Snam, Spain's Enagas, Belgium's Fluxys submitted the highest bid in an international tender for the acquisition of a 66 percent stake in natural gas grid operator DESFA, Greece's privatization agency (TAIPED) said on Monday, after it unsealed the offers.

The European Bank of Reconstruction and Development (EBRD) considers developing Turkey's economy one of its top priorities, a senior economist at the bank has said.