Simultaneously with its entry into the IDB and the IIC, the Republic of Korea would also join the Multilateral Investment Fund
Leaders of SMEs that the EBRD sees as the “engines of growth” have voiced fears that obstacles such as lack of capital and opaque policies will stymie the bank’s vision for a highly profitable sector
The head of the EBRD, Sir Suma Chakrabarti, has told the bank’s shareholders that progress in driving economic reform across the region has been only modest. He explained how he plans to accelerate progress
President Petro Poroshenko and premier Arseniy Yatsenyuk have dipped into Georgia’s deep pool of reformist talent in an effort to rebuild Ukraine’s war-ravaged economy. However, even with a vast IMF package and other financial assistance, many have trouble seeing how Ukraine is ever going to return to growth while it is in conflict with the Russia-backed rebels in the east
Georgia’s radical approach to economic thinking is working. But it remains dangerously exposed to the whims and wiles of its more powerful and belligerent neighbor
With Romania set for inflation to fall below zero, its deputy central bank governor insists that it will prevent deflation, as it continues to foster economic growth
Russia’s eastward foray and energy deals with China, far from saving its economy, are revealing Vladimir Putin’s weak bargaining position.
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