Simultaneously with its entry into the IDB and the IIC, the Republic of Korea would also join the Multilateral Investment Fund
The European Bank for Reconstruction and Development is staging its annual meeting in Warsaw in a year that marks a number of important anniversaries for Poland, Eastern Europe and for the EBRD itself
The decision by a joint venture between Russia and China to invest up to $2bn in key infrastructure projects will relieve the pressure on the Russian government to attract funds to offset the massive flight of capital
The Russian government’s decisive moves in annexing Crimea and fomenting unrest in the Ukraine have fuelled fears among neighbouring states with large Russian-speaking populations
A leading politician in Georgia last night condemned Russia’s annexation of Crimea and intervention in Ukraine as fears mounted among other small CEE states, notably Lithuania and Estonia, that Moscow could take fresh steps to intervene in countries with large Russian speaking populations
An imminent signing of a $500m loan by Uralkali, the world’s largest potash producer, has not convinced bankers that Russia’s frozen international loan markets is anywhere near thawing out
The EBRD will take on Libya as a member this week but analysts are warning that the multilateral may be biting off more than it can chew
We would like to issue $1 billion [in sovereign debt], but because it’s the first time we have sold [sovereign debt] it may have to be trimmed down.
Abul Maal Abdul Muhith, Bangladesh finance minister
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