EBRD: Inflation has peaked, but rising gas prices will pressure households
By Jorgelina do Rosario LONDON (Reuters) – Inflation has peaked in emerging Europe, central Asia and north Africa, but rising gas prices in the coming winter will keep pressure on household finances,…
EBRD to exit Russia investments “as quickly as possible” – president
MARRAKECH – The European Bank for Reconstruction and Development (EBRD) will exit its stakes in Russian companies as quickly as possible, the lender’s President Odile Renaud-Basso said on Tuesday. “We are going…
EBRD sees Greek economy growing at 2.9% this year
ATHENS – Greece’s economy is forecast to expand by 2.9% this year with growth expected to pick up to 3.5% in 2023, helped by increased disbursement of funds from the European Union’s…
EBRD warns war in Ukraine will impact 2022 finances, after record profit
By Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, as it…
EBRD to weigh suspending access to resources for Russia, Belarus
LONDON – The European Bank for Reconstruction and Development (EBRD) said on Friday it would consider suspending Belarus and Russia’s access to its resources, among other possible responses to Russia’s invasion of…
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