Brussels, 19/03/2012 (Agence Europe) - The Mediterranean has a new acronym, SEMED, for Southern and Eastern Mediterranean, indicating the latest sphere of activity of the European Bank for Reconstruction and Development assigned by the EU and the G8.
After supporting the countries of Eastern Europe in their transition towards market economies over the last two decades, the EBRD has, since May 2011, been called on by the EU and the G8 to bring its experience to assist the very similar...