European Bank for Reconstruction and Development

A group of the world's top multilateral-lenders including the World Bank, IMF, European Investment Bank and EBRD met on Thursday to signal they would join forces in Cyprus if it overcomes the hurdles to reunification.

The EBRD on Wednesday upgraded its 2017 GDP growth forecast for Serbia to 2.9 percent - up by 0.2 percentage points from last November's 2.7 percent.

The forecast is included in the latest report on the The European Bank for Reconstruction and Development (EBRD) region's economic outlook, published on its website.

Turkey is expected to see a slowdown in growth in 2017, partly reflecting security and geopolitical risks that have also led to a downward revision in European Bank for Reconstruction and Development (EBRD) forecasts for countries in the southern and eastern Mediterranean. 

The European Bank for Reconstruction and Development expects its financing in Greece to keep growing and to reach the 2-billion-euro mark by 2018, one of its top officials said on Tuesday.

The European Bank for Reconstruction and Development's Annual Meeting and Business Forum starts in Nicosia, Cyprus on Tuesday and lasts until Thursday.

Its title this year is "Targeting Green and Inclusive Growth: Meeting Regional and Global Challenges."

BELGRADE - Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic met with a European Bank for Reconstruction and Development (EBRD) delegation on Friday to discuss implementation of EBRD-funded road and rail infrastructure projects in Serbia.

The European Bank for Reconstruction and Development (EBRD) hopes to make the Turkey Wealth Fund (TVF) a major partner, just as Kazakhstan's sovereign wealth fund became its largest client, the bank's managing director for Turkey said on May 5.        

Turkey's automotive maker Ford Otosan has signed a 150 million-euro loan agreement with the European Bank for Reconstruction and Development (EBRD) to finance projects in the near future. 

The European Bank for Reconstruction and Development (EBRD), Actera - the leading private equity investor in Turkey - and Esas Holding - a venture capital firm established by the Sabancı family -are acquiring a majority stake in Korozo, the leading Turkish producer of flexible packaging, the EBRD said in a statement on April 25. 

WASHINGTON - The positive marks Serbia has received for visible economic improvement are very encouraging, International Monetary Fund (IMF) delegation head James Roaf said at a meeting with Serbian Finance Minister Dusan Vujovic in Washington Friday.