European Bank for Reconstruction and Development | Tags | Econostrum

The EU has released €53.7 billion to help its partner countries absorb the consequences of Covid-19

09/13/2022 | Society / Institutions

EU. The European Union, its member states and European financial institutions have committed €53.7 billion in 2021 to help their partner countries cope with the pandemic and its consequences.

Balkans, Covid-19, EBRD, EIB, EU, European Bank for Reconstruction and Development, European Commission, European Investment Bank, European Union, Jutta Urpilainen, Sub-Saharan Africa, Team Europe

The Egyptian Abou Ghaly Motors will have 250 electric cabs

09/08/2022 | Environment

EGYPT. Egypt's Abou Ghaly Motors, a provider of integrated mobility solutions, will purchase 250 range-extended electric vehicles (REEVs) for its cab services.

EBRD invests €43m in two wind farms in Croatia

08/23/2022 | Environment

CROATIA. The European Bank for Reconstruction and Development is participating, through a €43m loan to Kunovac, in financing the construction and operation of two wind farms in Croatia.

Moroccan wind farm Nassim Koudia Al Baida to increase its capacity to 100 MW

07/19/2022 | Environment

MOROCCO. Masen and EDF Renewables have announced the financial closing and the start of work on the modernisation of the Nassim Koudia Al Baida wind farm, located in northern Morocco.

ProCredit Bank obtains €30m to finance Serbian SMEs

06/14/2022 | Services

SERBIA. The European Bank for Reconstruction and Development is opening a €30m credit line to ProCredit Bank, which will on-lend the funds to local small businesses.

Albania, bank, EBRD, energy efficiency, European Bank for Reconstruction and Development, green investments, Igor Anić, Matteo Colangeli, Northern Macedonia, Open Balkans, ProCredit, ProCredit Bank, renewable energy, Serbia, services, smes

North Macedonian SMEs to benefit from €4m green loans

06/01/2022 | Society / Institutions

NORTHERN MACEDONIA. The European Bank for Reconstruction and Development has granted a €4m credit line to Stopanska Banka.

Diomidis Nikoletopoulos, EBRD, European Bank for Reconstruction and Development, Luxembourg, National Bank of Greece, Northern Macedonia, Norway, Odile Renaud-Basso, Skopje, Sme, United States

Mediterranean employment ministers want to promote an economy for the benefit of all

05/19/2022 | Society / Institutions

MEDITERRANEAN. In Marrakech, the employment and labour ministers of the Union for the Mediterranean committed themselves to meeting the challenges of employment and employability for the most vulnerable people, in particular young people and women.

Teriak obtains a loan of 5 million Tunisian dinars from the EBRD and Attijari bank Tunisia

05/19/2022 | Industry

TUNISIA. The Tunisian pharmaceutical manufacturer Teriak will benefit from a loan of 5 million Tunisian dinars to improve its productivity and increase its energy efficiency.

The EBRD forecasts a slowdown in economic growth in the South and East of the Mediterranean

05/10/2022 | Society / Institutions

MEDITERRANEAN. In its latest regional outlook report, the European Bank for Reconstruction and Development foresees a strong impact of the war in Ukraine in the SEMED region with a slowdown of 2.5% in 2022.

EBRD, economic situation, Egypt, European Bank for Reconstruction and Development, IMF, International Monetary Fund, Jordan, Lebanon, Mediterranean, Morocco, REP, Semed, Southern and Eastern Mediterranean Region, Tunisia, Ukraine

Pierre Loaëc takes over as head of the Marseille regional office of the European Commission

05/05/2022 | People

FRANCE. The European Commission appoints Frenchman Pierre Loaëc as head of the Commission's regional office in Marseille.

EBRD to assist Turkey in corporate and bank climate governance

04/28/2022 | Environment

TURKEY / EU. The European Bank for Reconstruction and Development is participating in a loan to Turkey under its new Green Economy Facility for €21.5m plus €7m in grants for technical assistance.

banking, business, climate, credit, EBRD, European Bank for Reconstruction and Development, green economy, Turkey

Bosnia-Herzegovina obtains a €20m loan to modernise its telecommunications system

04/14/2022 | Society / Institutions

BOSNIA AND HERZEGOVINA. The European Bank for Reconstruction and Development is providing a €20m loan to Elektroprenos-Elektroprijenos to support its investments to modernise the telecommunications system in Bosnia-Herzegovina.

Banja Luka, Bosnia and Herzegovina, EBRD, electricity, electricity network, Elektroprenos-Elektroprijenos, European Bank for Reconstruction and Development, Manuela Naessi, Mark Bowman, Sarajevo, telecommunications, TransCo, Western Balkans

The Tunisian Land'Or concretizes its development in Morocco

02/24/2022 | Industry

MOROCCO / TUNISIA. The Tunisian Land'Or obtains an additional loan of 36,9 million dirhams (3,5 M€) for its subsidiary Land'Or Maroc Industrie which finalizes a factory in Kenitra.

Blue Ribbon, cheese, EBRD, European Bank for Reconstruction and Development, Hafid Elalamy, Hamed Denguezli, Hichem Ayed, industry, Kenitra, Land'Or, Land'Or Maroc Industrie, Le Fondant, Morocco, Rabat, sub-Saharan Africa, Tunis Stock Exchange, Tunisia

UN subsidises North Macedonia's SDG investments

02/15/2022 | Environment

NORTHERN MACEDONIA. The Green Finance Facility promoted by the Government of North Macedonia will be funded with $7.9 million from the UN Joint Fund for Sustainable Development.

The EU releases €1.6 billion to support the green and digital transition in Morocco

02/10/2022 | Environment

MOROCCO / EU. As part of its new Global Gateway strategy launched in December 2021, the European Union will invest €1.6 billion in the green and digital transition in Morocco.

An ambitious roadmap for the new Prime Minister of North Macedonia

01/18/2022 | Society / Institutions

NORTHERN MACEDONIA. After more than two months of political crisis, Dimitar Kovacevski becomes the new Prime Minister of Northern Macedonia and will try to develop the economy of his country and to get closer to the European Union.

The EU commits $82 million to greening Egyptian SMEs

12/21/2021 | Industry

EGYPT. The European Bank for Reconstruction and Development, the European Union and the Green Climate Fund are partnering with the Ahli United Bank in Egypt to help Egyptian SMEs build a greener supply chain.

Banka për Biznes to grant €5 million in loans to Kosovo SMEs

12/14/2021 | Services

KOSOVO. The European Bank for Reconstruction and Development is granting a €5m credit line to Banka për Biznes to be on-lent to local SMEs.

Arton Celina, bank, Banka për Biznes, EBRD, Emmanuel Macron, European Bank for Reconstruction and Development, European Union, France, French Presidency of the Council of the European Union, Kosovo, Luigi Brusa, Matteo Colangeli, Pme, WB EDIF, Western Balkans

EU funds expansion of Jordan's largest landfill

12/08/2021 | Environment

JORDAN / EU. The European Bank for Reconstruction and Development and the European Union are providing financial support of almost €15M for the modernisation of the Al Ghabawi landfill, the only one in the Jordanian capital.

Al Ghabawi, Amman, EBRD, energy, environment, EU, European Bank for Reconstruction and Development, European Union, GAM, gas, Greater Amman, Jordan, landfill, methane, refugees, solid waste, Syria

EU to fund wastewater treatment plant in Jordan

11/30/2021 | Environment

JORDAN / EU. The European Bank for Reconstruction and Development is providing a €30m sovereign loan to upgrade wastewater treatment facilities in Jordan, notably to serve Syrian refugees.

Ain Ghazal, Al Ghabawi, Amman, As-Samra, EBRD, EU, European Bank for Reconstruction and Development, European Union, Jordan, Mediterranean, Mohammad Al-Najjar, Nasser Shraideh, Netherlands, Philip ter Woort, Zarqa