European Bank for Reconstruction and Development

The Finance and Advice for Women in Business Program, funded by the European Union (EU), the European Bank for Reconstruction and Development (EBRD) and Turkey, was introduced to local women-led businesses in the southeastern province of Gaziantep on May 21.

The terms of investments pledged to Greece by the European Bank of Reconstruction and Development will depend on the outcome of Athens? talks with its creditors, the bank said on Friday.

 Bank will likely open its first office in the country this year

Greece signed an investment deal worth up to 500 million euros a year with the European Bank for Reconstruction and Development (EBRD) on Thursday, gaining a rare financial endorsement from the region for its attempts to remain solvent.

The European Bank for Reconstruction and Development (EBRD) has slightly improved its estimates on the growth of Romania's economy in 2015 to 3 per cent from its 2.8 per cent forecast in January, shows a report released on Thursday on the occasion of the Annual General Assembly of EBRD shareholders.

Photo credit: (c) EBRD Facebook page

A failure by Greece to reach an agreement with creditors could plunge the country into another "major recession," undermining the improving outlook in Central Europe, the European Bank for Reconstruction and Development (EBRD) said on Thursday.

The European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan for Azerbaijan?s biggest gas project, Shah Deniz II, EBRD President Suma Chakrabarti said on May 8.

The size and terms of the loan had yet to be decided, he said during a visit to Baku.

The European Bank for Reconstruction and Development (EBRD) and Turkish ports operator Global Yat?r?m signed a deal on May 6 for the EBRD to buy a 20 percent stake from Global Port's planned initial public offering, worth around 700 million Turkish Liras ($259.34 million), the company said in a written statement to the Public Disclosure Platform (KAP) on May 7. 

"EPS blocks Serbian companies from bidding"

BELGRADE -- The Anti-Corruption Council called on Monday for an inquiry into why EPS "blocked domestic companies from bidding in the tender for smart meters."

EPS (Electric Power Industry of Serbia) is a public company.

EBRD: Unused loans should be canceled or redirected

BELGRADE -- Serbia should cancel most of the EUR 3.5 billion loans that have not been used, or redirect a part of the funds to more urgent projects, says Matteo Patrone.

The European Bank for Reconstruction and Development (EBRD) director for Serbia spoke for Tanjug on Sunday.