European Bank for Reconstruction and Development
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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).
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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.
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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.
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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 upgrades Slovenia’s GDP forecast to 5% growth this year
London – The European Bank for Reconstruction and Development (EBRD) has upgraded by 1.5 percentage points its GDP growth forecast for Slovenia in 2021 to 5%. The institution expects that Slovenia’s economy will expand by a further 4% next year.
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.
European bank backs green investments by SMEs in Turkey
The European Bank for Reconstruction and Development (EBRD) on June 29 announced it will provide 25 million ($30 million) to Turkey's Aklease to support green investments by small and medium-sized enterprises (SMEs) in the country.
Turkey inks deal to enhance childcare for working women
The Union of Municipalities of Turkey (TBB), the European Bank for Reconstruction and Development (EBRD), and the International Labor Organization (ILO) signed a memorandum of understanding (MoU) yesterday to promote more accessible childcare to encourage women's participation in the labor force.
Green hydrogen could be new player in Turkey’s exports to Europe
The production of green hydrogen from renewables could offer new opportunities for Turkey's exports to Europe, European Bank for Reconstruction and Development (EBRD) officials told Anadolu Agency.