European Bank for Reconstruction and Development

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.

EBRD sees "instability and taxes" as main challenges

BELGRADE -- Political instability, the tax system and access to financing represent the biggest challenges to doing business in Serbia.

This is according to a survey of the European Bank for Reconstruction and Development (EBRD) presented on Thursday, and quoted by the Beta news agency.

Tax administration, corruption and political instability are the top three business environment obstacles identified by Romanian firms, according to a study of the European Bank for Reconstruction and Development (EBRD) released on Thursday.

Photo credit: (c) facebook.com/ebrdhq

BELGRADE - The new owner of companies Imlek, Bambi and Knjaz Milos is London-based investment fund Mid Europa Partners with co-investors, the companies stated.

Three companies got a new owner after a successful public bidding and acquisition procedures.

Europe eyes energy from Balkans

The Western Balkans may provide a remedy to energy-starved Europe by exporting power across the Adriatic.

Hydropower plants, such as this one in Vrutok, Macedonia, are a way for Balkan states to secure energy independence. [Tomislav Georgiev/SETimes]

Bulgarian Ilyana Tsanova, Deputy Prime Minister in charge of EU funds in the caretaker governments of prime ministers Marin Raykov and Georgi Bliznashki, has been selected as a 2015 Young Global Leader by the World Economic Forum (WEF).

EUR 3.5bn allocated for infrastructure still unused - EBRD

KOPAONIK -- Serbia must accelerate the realization of infrastructural projects because as many as EUR 3.5 billion allocated for these projects have not been used.

This is what Director of the European Bank for Reconstruction and Development (EBRD) in Serbia Matteo Patrone stated on Thursday.

The European Bank for Reconstruction and Development (EBRD) said on March 3 it would begin funding critically needed investment in cash-strapped Greece as Athens nears the end of a massive bailout program.

By Agnes Lovasz & Ian Wishart

Greece, the European Union's most indebted member, will receive financing from the European Bank for Reconstruction and Development through 2020 to promote an economic overhaul.

In the 1990?s, a foreign country or institution showing interest in Turkey?s southeast was received with suspicion by the state. These were seen as modern ?Lawrence of Arabia? initiatives to provoke Kurds in the south of the country.