EBRD FOCUSES INVESTMENT ATTENTION ON CRISIS-HIT UKRAINE AND NEIGHBOURS – FINANCING IN RUSSIA FALLS
May 10th, 2014
THE EUROPEAN Bank for Reconstruction & Development (EBRD) is increasing its assistance to Ukraine, because of its ongoing political and military crisis, the development institution’s annual meeting has been told. The country is a core part of the EBRD’s eastern, central Europe and central Asia region of operation, along with Russia, which recently annexed Crimea, sparking a diplomatic firestorm.EBRD president Sir Suma Chakrabarti told colleagues at the meeting in Warsaw, Poland, on May 14-15, that the lending policy message from bank discussions was ...
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