Development risks remain as economic activity, incomes likely to stay low for extended period
The European Bank for Reconstruction and Development (EBRD) is increasing economic opportunities in Egypt by collaborating with Hyundai Rotem to offer certified training to 80 unemployed young people.
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Four economy-wide factors—governance, education, infrastructure, and trade policy—relate closely to more varied and complex exports across countries
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Latvia is moving ahead with the reform of state-owned enterprises (SOEs) by endorsing a methodology for optimising capital and governance structures for such companies.
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Creating project readiness checklists and certification programs on procurement, financial management, and safeguards will help ensure effective project implementation.
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Work has started on the construction of a new power substation in Ohrid, a key component of the first electricity interconnector between Albania and North Macedonia, which will range from Bitola in North Macedonia to the Albanian border.
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The pandemic has damaged economies and derailed livelihoods. Poor communities have suffered, with lockdowns and lost income exposing them to even deeper poverty. Women have experienced some of the most extreme impacts.
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Households in Serbia are set to benefit from the further expansion of the Green Economy Financing Facility (GEFF) with a new €5 million loan in local currency provided by the European Bank for Reconstruction and Development (EBRD) to ProCredit Bank. The funds will be available to private borrowers for investments in energy saving measures such as insulation, windows, heat
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The European Bank for Reconstruction and Development (EBRD) is supporting the ambitious sustainability and decarbonisation targets of Public Power Corporation S.A. (PPC), Greece’s largest power producer and electricity supplier, by investing €25.5 million in the company’s follow-up €500 million sustainability-linked bond issue.
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More homeowners in Kosovo will be able to invest in domestic energy efficiency improvements thanks to a new €5 million credit line the European Bank for Reconstruction and Development (EBRD) is extending to Raiffeisen Bank Kosovo.
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