10.03.2010 17:55
YEREVAN, March 10, /ARKA/. The European Bank for Reconstruction and Development, the European Investment Bank Group, and the World Bank Group – launched a Joint IFI Action Plan in support of banking systems and lending to the real economy in Central and Eastern Europe a year ago, on February 27, 2009.
The International Financial Corporation (IFC) said in a press release that the objective was to support banking sector stability and lending to the real economy in crisis-hit Central and Eastern Europe.
‘We put together a financing plan of up to €24.5 billion for 2009-2010 and committed to deploy rapid assistance in a coordinated manner, according to each institution’s policy and product remit. We sought to complement our financing with efforts to coordinate national support packages and policy dialogue among key stakeholders in the region, in close collaboration with the International Monetary Fund and the European Commission, and other key European institutions.
Categories: anticrisis.am @en @en, Economy @en, General news, News | Comments Off on EBRD, EIBG and World Bank Group invest €19 billion in 2009 in crisis-related financial support for central and Eastern Europe
Tags:
Read more
