Ebrd articles
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EBRD and USAID to develop connectivity in the South Caucasus
The European Bank for Reconstruction and Development (EBRD) and the United States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) to develop the Trans-Caspian International Transport Route, also known as the Middle Corridor, to further enhance connectivity between Asia and Europe, via the South Caucasus. The partnership will focus on expanding trade, green …
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EBRD funds largest road project in Armenia
The European Bank for Reconstruction and Development (EBRD) is lending €236 million to Armenia to finance the construction of the southern section of the Sisian-Kajaran road. This is the largest road infrastructure project ever financed by the EBRD in Armenia. It was previously complemented by technical cooperation funding generously provided by the European Union (EU). These funds …
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EBRD Foresees Romania’s Economic Acceleration by 2025
According to a report from the European Bank for Reconstruction and Development (EBRD), the organization has maintained its projections for the Romanian economy in 2024. It cautions that the primary vulnerability continues to be the fiscal position. According to the latest forecasts by the EBRD, Romania’s GDP is expected to grow by 3.2% this year, […]