Suma Chakrabarti

With its geographical location, diverse economy and large market, Turkey offers immense opportunities for investors, and the European Bank for Reconstruction and Development (EBRD) has been in the country with a long-term commitment, Suma Chakrabarti, president of the development bank, told Hürriyet.

European Bank for Reconstruction and Development (EBRD) President Suma Chakrabarti told RTS that migration of skilled workers has a negative effect on productivity, and that negative growth effects can also lead to the departure of low-skilled labor.

The European Bank for Reconstruction and Development got shareholder approval to extend its mandate in Greece until 2025 to support the country's recovery from a debt crisis and deep recession, the EBRD said on Tuesday.

President Klaus Iohannis will host the third Summit of the Three Seas Initiative, at the Cotroceni Presidential Palace, September 17-18.

According to a press statement released by the Presidential Administration, the summit in Bucharest will provide a political opportunity to validate the strategic guidelines that underlie the future development of the Three Seas Initiative.

The summit in London will bring together the leaders of the Western Balkans and most European officials who will discuss economic cooperation with a focus on the region, the security and challenges of the migrant crisis, the future of the "Berlin Process" and the current political developments in the region.

Brnabic will take part on May 17 at the "Strategic Dialogue for the Western Balkans" organized by the World Economic Forum.

Burhan Sönmez (C) and Ümit Hussein (R) pose with Sir Suma Chakrabarti, President of the EBRD.

The European Bank for Reconstruction and Development will ask its board to approve the extension of its mandate in Greece by five years to 2025 to help the country's economic recovery, EBRD President Suma Chakrabarti told Reuters on Tuesday.

LONDON - Serbian PM Ana Brnabic on Monday briefed EBRD President Suma Chakrabarti on the most significant economic indicators and the results of Serbia's economic reforms.

Brnabic is attending an EBRD Western Balkans investment summit in London.

Brnabic: Gas pipeline with Bulgaria among priority projects

Prime Minister Boyko Borisov is in London to open the European Bank for Reconstruction and Development (EBRD) Investment Forum.