European Bank for Reconstruction and Development

This is part of the European Union's strategy for a global pandemic response

EU Enlargement Commissioner Oliver Varhelyi said today that the European Commission is allocating € 3.8 billion to the Western Balkans and its EU east and south neighbors to help fight the coronavirus, according to BGNES.

The Covid‐19 pandemic and its economic consequences present an unprecedented challenge to Greece and the world. The European Bank for Reconstruction and Development (EBRD) has established an emergency 1-billion-euro "Solidarity Package" of measures to support its economies.

The European Bank for Reconstruction and Development (EBRD) is ready to help Bulgaria decarbonize its emission-intensive economy, its vice president said.

A shift from fossil fuels would pose a serious challenge to the Balkan country, which depends on coal-fired electricity plants.

"An open and friendly conversation with National Security Advisor Robert O'Brien, with a mutual desire to further improve Serbia-US relations", Serbian President announced on an Instagram profile of buducnostsrbijeav, with photos.

Serbian President, who attended the opening of the Forum last night, first participates in the panel "Diplomatic Dialogue on the Western Balkans", followed by a working lunch labelled as "Generating Growth for Central and Eastern Europe".

While residents of Samothraki and Kythira as well as several other islands in the Aegean Sea fear another problem may deprive them of maritime transportation this year - following similar experiences in recent years - coastal shipping companies are striving to offer more vessels on the popular routes to the Cyclades and Crete.

The government is mulling a list of measures proposed by the European Bank for Reconstruction and Development (EBRD) to tackle overtourism on the popular island of Santorini, Kathimerini understands. 

The European Bank for Reconstruction and Development has invested 30.8 million Turkish lira ($5.2 million) in lira-denominated bonds of a top Turkish supermarket chains, Migros.

"The new Turkish lira-denominated bond will be listed on Borsa Istanbul and its proceeds will reduce the company's foreign currency exposure," the bank announced on Dec. 23.

The European Bank for Reconstruction and Development (EBRD) provided €10 million ($11 million) loan to a Turkish seed company to expand its operations and automate R &D.

The European Bank for Reconstruction and Development (EBRD) provided Turkey's electricity company Enerjisa Enerji with a financing package worth $100 million in Turkish lira equivalent, the bank announced late on Dec. 19.