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Azerbaijan gas for Europe receives $1b boost
Aug07

Azerbaijan gas for Europe receives $1b boost

Multilateral banks and a syndicate of commercial banks will provide US $1 billion to finance development of an Azerbaijan offshore gas field feeding Southern Gas Corridor from the Caspian Sea to Europe. The Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD), with the participation of the Black Sea Trade and Development Bank (BSTDB), are arranging a financing package of US $1 billion for a...

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Tajikistan, EBRD agree on economic priorities
Aug05

Tajikistan, EBRD agree on economic priorities

The European Bank for Reconstruction and Development (EBRD) has approved a new country strategy which will guide its work in Tajikistan in the next four years, the bank said [5 August 2015]. Supporting private enterprise, public utilities and regional connectivity are the bank’s priorities in the Central Asian nation. EBRD said its main priorities in the country will be: Enabling economic growth by supporting expansion of...

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Turkish business women helped with mentoring
Mar09

Turkish business women helped with mentoring

Mentoring for Turkish women in business, launched in Ankara 5 March 2015. Photo: EBRD EU, EBRD and Turkey celebrated International Women’s Day with the launch of a mentoring service for women entrepreneurs. The initiative is part of a tripartite Finance and Advice for Women in Business Programme in Turkey, funded by the European Union, the European Bank for Reconstruction and Development and Turkey. The mentoring launch in Ankara 5...

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EBRD sees ‘strong’ investment in 2015
Feb25

EBRD sees ‘strong’ investment in 2015

The European Bank for Reconstruction says it is looking forward to another year of strong investment in 2015 and will continue to provide support for countries across its region of operations in the face of persistent economic challenges. The EBRD is owned by 64 countries, the European Union and the European Investment Bank. Demand for EBRD finance is expected to remain high, the bank said, after investment rose to Euro 8.9 billion in...

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EBRD backs Azeri book project
Feb05

EBRD backs Azeri book project

The European Bank for Reconstruction and Development is aiding a book promotion and literary project in Azerbaijan alongside assistance from the European Union. EBRD’s Small Business Support (SBS) in Azerbaijan, funded by the European Union, has helped more than 800 companies in the country since its launch in 2003. The literary project is the brainchild of Nigyar Kocharli (photo) and centres on Ali and Nino, a book about romance...

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