European Bank for Reconstruction and Development

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European Bank for Reconstruction and Development

EU summit in Brdo on strategic sovereignty and relations with W Balkans

Ljubljana/Brussels – EU leaders will gather in Brdo pri Kranju on Tuesday for a strategic debate on the EU’s international role in the light of developments in Afghanistan, the AUKUS security partnership and relations with China. On Wednesday, the Slovenian EU presidency will host an EU-Western Balkans summit, but no significant developments are expected.

European bank provides $50 mln in trade finance to Turkish lender

The European Bank for Reconstruction and Development (EBRD) provided $50 million in trade finance to the Türk Ekonomi Bankası (TEB).


The facility, aiming to boost support for exporters and importers, will be channeled under the EBRD's Trade Facilitation Programme (TFP), according to a statement by the bank.

European bank invests in Turkish waste-to-energy firm Biotrend

The European Bank for Reconstruction and Development (EBRD) has invested in a minority stake in Turkish waste-to-energy firm Biotrend.


Through the investment the bank aims to promote private-sector participation in municipal waste management, according to a statement on Aug. 23. 

EBRD, Ford Otosan charge ahead with big EV lending


The European Bank for Reconstruction and Development (EBRD) is supporting the production of a range of next generation all-electric and plug-in hybrid variants of one-ton commercial vehicles for the European market by arranging a 650 million-euro loan to Ford Otosan, US automaker Ford's joint venture with Turkey's Koç Holding, according to a statement from the bank on July 14.

Ghinea: Next two days I will be in Brussels for final applied discussions on PNRR

The Minister of Investments and European Projects, Cristian Ghinea, is to conduct, Thursday and Friday, a working visit to Brussels, for the final applied discussions on the National Recovery and Resilience Plan (PNRR), and will have meetings with the Vice President of the European Commission, Margrethe Vestager, and with the technical teams that are working on PNRR and the future operational p

EBRD forecasts 5.5 pct growth in Turkish economy, 4.2 pct in emerging countries

Turkey's economy is expected to grow by 5.5 percent in 2021 and 4 percent in 2022, according to the forecast of the European Bank for Reconstruction and Development (EBRD) released on June 29.

The forecast for Turkish economic growth this year is driven by exports, as the bank said domestic demand remains constrained by the impact of weaker household financial circumstances.