EBRD
Business
EBRD to Invest Further in Greece and FYROM Following Agreement Over Naming Dispute
The European Bank for Reconstruction and Development (EBRD) expects its investments in the Former Yugoslav Republic of Macedonia and Greece to rise significantly after the two countries solved the dispute regarding FYROM's official name, a Reuters report says.
"This can...
Economy
Piraeus Bank, EIB, EBDR, Sign €700 Million Investment Deal for Small Greek Businesses
Piraeus Bank, Greece's biggest lender, has signed a new investment deal for small and medium sized companies with the European Investment Bank (EIB), the European Investment Fund (EIF) and the European Bank for Reconstruction and Development (EBRD), worth 700...
Economy
EBRD: Greek Economy will Grow 2% in 2017, While 2016 will End With Zero Growth
The growth rate of the Greek economy in the second half of 2016 will probably be positive, resulting in zero at the end of the year, according to a European Bank for Reconstruction and Development report.
The report, called Regional...
Economy
Greek Economy to Get More than 8 bln Euros in EU and Private Funds in 2016, Says Minister
More than 8 billion euros will be funneled into the Greek market in 2016 through the Public Investments Program (PIP) and international organizations such as the European Investment Bank, the European Bank for Reconstruction and Development (EBRD) and more,...
Cyprus
Bad Loans Overwhelm Cypriot Banks
Cyprus' reeling banks, brought to the edge of ruin by bad loans and bad business decisions, now have to face a mountain of non-performing loans as people hit by austerity measures can't afford to pay what they owe, further...