Reviving reforms is essential to put economic convergence back on track Emerging countries are in danger of forever trailing the living standards of more advanced market economies, but the EBRD argues in its Transition Report 2013 that they can still break through obstacles that stand in the way of greater prosperity. The publication notes that the reform process...

EBRD extends extra €15 million to Raiffeisenbank (Bulgaria) for energy efficiency projects First Vice President Phil Bennett: the EBRD will support bankable projects that further the country’s green agenda, such as Yereymentau wind farm EBRD First Vice President Phil Bennett has reaffirmed the Bank's support for the National Green Growth Plan announced...

The EBRD is strengthening the capacity of Bosnia and Herzegovina (BiH) as a major player in the renewable energy sector with a €35 million, non-sovereign loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest power and energy utility in the country. Of these funds, one tranche in the amount of up to €9 million will be invested in the rehabilitation...

Bank loan to help more than double production of operating tables A seven-year EBRD loan will help a medium-sized Belarusian company, which is one of the world’s top 10 producers of operating tables, more than double its output. 85 per cent of the group’s operating tables are exported to over 20 countries.   The Bank has agreed to lend up to...

New €75 million facility for Western Balkans launched The EBRD is launching the new Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) to support efforts towards the improved use and conservation of energy in the region. The facility is combining necessary longer-term financing with technical expertise, two crucial components which often...