Turbulent Times or Turbulent Management? EBRD Approves Investment for Arab Countries
Naharnet | May 19, 2012Four Arab countries are expected this year to start witnessing major foreign investments after the European Bank for Reconstruction and Development established a one billion euro ($1.28 billion) fund, excluding Lebanon from the process for allegedly failing to ask the lending body to carry out a technical assessment on the country.
New EBRD chief champions democracy mandate
Reuters | May 19, 2012The European Bank for Reconstruction and Development’s president-elect said the bank’s role in promoting democracy through its investments would be a central focus for his term, as the EBRD agreed a 1 billion euro fund for North Africa.
EBRD puts emissions target on energy lending
Environmental Finance | May 18, 2012The European Bank for Reconstruction and Development (EBRD) has announced a greenhouse gas emissions reduction target for the investments made in the 2012-14 phase of its sustainable energy initiative (SEI).
Reviving the Private Sector, a Necessity not a Choice for Benkirane’s Government
Morocco World News | May 18, 2012At the current conjuncture, the lack of job opportunities in Morocco can be a lurking threat to the government’s viability and, eventually, to the country’s stability. Those who believe that Morocco is out of the danger zone may have to reconsider their appraisal of the situation. Faced with all sorts of hurdles ranging from financial to infrastructural ones, the government is still pondering how to fulfill their promises. The domestic growth seems entrapped in a status quo due to the budget deficit and the consecutive seasons of drought that paralyze agriculture, one of the key sectors in the Moroccan economy. The public sector burdened with public expenses can no longer lift the weight of job demands among Moroccan youth.
EBRD urged to pull plug on fossil fuel lending
Emerging Markets | May 17, 2012Almost half of EBRD funding for energy projects in the six years to 2011 was devoted to fossil fuels despite its commitment to tackling climate change, a campaign group has claimed.
EBRD investing too much in polluting fuels-study
Reuters | May 17, 2012The European Bank for Reconstruction and Development is lending excessively to polluting fossil fuel projects, especially coal, undermining its own sustainable energy strategy, NGO Bankwatch said in a report released on Thursday.
CEE Bankwatch: Fossil fuels versus green energy at the EBRD
ENDS Europe | May 17, 2012http://www.endsreport.com/33798/cee-bankwatch-fossil-fuels-versus-green-energy-at-the-ebrd
Critical Perspectives on EBRD Transition Investment Priorities in Egypt
Jadaliyya | May 16, 2012http://www.jadaliyya.com/pages/index/5453/critical-perspectives-on-ebrd-transition-investmen
Debatte über Ökologisierung des EU-Budgets läuft an
DNR | May 11, 2012Der Ministerrat für Allgemeine Angelegenheiten hat am 24. April erstmals die Vorschläge der EU-Kommission zum Mehrjährigen Finanzrahmen und zur Kohäsionspolitik diskutiert. In der Diskussion forderten mehrere Mitgliedstaaten Einschnitte in allen Bereichen aufgrund der aktuellen Wirtschaftslage.
EBRD probes Slovenia plant contract with Alstom
Reuters | May 9, 2012LJUBLJANA/PARIS, April 20 (Reuters) – Slovenia has taken a step toward providing government loan guarantees that would enable completion of a controversial 1.3 billion euro ($1.7 billion) power plant upgrade awarded four years ago to French engineering company Alstom.
