EU allies demand answers from Ukraine over escalating corruption scandal
Kyiv’s partners want reassurances on how aid is spent after a probe exposed a $100M kickback scheme.
EBRD
EBRD โeven more importantโ amid global tensions and aid cuts, president says
Odile Renaud-Basso dismisses decline of multilateralism as a threat to the mission of the European Bank for Reconstruction and Development (EBRD) and foresees a role in post-war Ukraine and Gazaโs post-war recovery.
Ukraine faces difficult winter amid Russian strikes on energy grid, EBRD chief warns
Kyiv was “well prepared” for winter “a few days ago” before a barrage of Russian strikes targeted oil and gas facilities, Odile Renaud-Basso said.
EBRD launches tender for new investor in Moldovaโs strategic port
Romania has expressed interest in the strategically located port on the Danube.
Ukraineโs economy could grow by 5% next year if hostilities end, EBRD says
European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is neededThe war-torn Ukrainian economy could expand by 5% next year if a ceasefire is agreed, the European Bank for Reconstruction and Development …
Moldovan PM Signs โฌ15.4M grant deal with EBRD
Moldova moves further to counter Russiaโs Energy blackmail.
Brusselsโ global infrastructure plan isnโt challenging Beijing โ itโs relying on it
EU-funded projects abroad are being built by Chinese companies.
State of the Union: Zelenskyy’s attempts to drum up new support
This edition of State of the Union focuses on the crucial visit of Ukrainian president Volodymyr Zelenskyy to the U.S., the latest economic forecast by the EBRD and attempts to support the struggling German car industry. #StateOfTheUnion
Romania seeks to acquire Giurgiulesti Port from Moldova
The Romanian government will start negotiations with the European Bank for Reconstruction and Development (EBRD) to acquire shares in the Giurgiuleศti International Free Port in Moldova.
European banks to provide over โฌ600M in recovery funds for Ukraine
The deals were signed at this week’s Ukraine Recovery Conference in Berlin.
EBRD reveals how sanctions on Russia has impacted its economy
The European Bank for Reconstruction and Development (EBRD) has unveiled surprising growth forecasts for Russia as it examines the impact of sanctions on the country.
Intensifying war increasing threat to Ukraine economy, EBRD warns
European Bank for Reconstruction and Development cuts growth forecasts for regions it operates in, saying war โcasting long shadowโ Ukraineโs war-torn economy faces a renewed threat as Russiaโs intensifying war takes its toll on power plants and forces…
Public development banks should not prop up the fossil fuel industry
In a recent interview with The Banker magazine, President of the European Bank of Reconstruction and Development (EBRD), Odile Renaud-Basso, stated โWe must engage with the fossil fuel industry to meet the methane pledgeโ. While reducing methane emissi…
EIB ready to โstretchโ lending criteria as it prepares for EU Councilโs call to arms
The European Investment Bank (EIB) could move one step closer to loosening its lending criteria to unlock more direct investment into defence as soon as Thursday (21 March), when it expects to get the final signal it needs from the European Union’s 27 …
Western aid to Ukraine exceeds Marshall Plan, EBRD boss says
The president of the EBRD says that EU and U.S. are giving โhugeโ support despite domestic resistance.
The EUโs โฌ50 billion for Ukraine is basically nothing
With Republicans thwarting U.S. efforts to approve $60 billion for Kyiv, Europe faces an even greater bill. So what next?
Preaching transparency but not practicing it
Both the Pfizer and the Euroins case illustrate the failure of the Commission led by Ursula von der Leyen to enforce her own commitments on transparency, writes Dick Roche.
EBRD to double lending to Ukraine after agreeing โฌ4bn capital increase
Sustaining economy at โcritical timeโ for war-torn country is priority, says bank president Odile Renaud-Basso
EBRD backs โฌ4-billion plan to wean North Macedonia off coal power
International lenders including the European Bank for Reconstruction and Development and the World Bank are backing a โฌ4-billion plan to wean North Macedonia off coal-fired power, the head of the EBRD told Reuters.
Kazakhstanโs transport strategy advances in cooperation with global partners
Since its independence, Kazakhstan has made great efforts to develop its transport and transit potential and modernise transport corridors, having allocated over the past 15 years over $35 billion for these purposes, writes Marat Karabayev.
Russian trade, remittances boost Central Asia growth prospects, EBRD says
Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance flows from Russia, the European Bank for Reconstruction and Development (EBRD) said on Wednesday (27 Sept…
Why the G20โs Ukraine compromise might not be all bad for Europe
Also in this newsletter: EBRD calls for anti-corruption reforms in EU accession countries
Kazakh expert: Central Asia needs a transnational electricity grid
Kazakhstan is โcompletely dependentโ on Russia when it comes to balancing energy needs and the best solution is to create a transnational electricity grid in Central Asia, similar to the one in Europe, a Kazakh expert told a Brussels audience on Tuesda…