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Europe Daily Bulletin No. 10666

31 July 2012
Contents Publication in full By article 21 / 25
EXTERNAL ACTION / (ae) mediterranean
Economic gloom, says EBRD

Brussels, 30/07/2012 (Agence Europe) - The countries of the southern and eastern Mediterranean in which the European Bank for Reconstruction and Development (EBRD) is looking to invest this year “are continuing to face serious macroeconomic challenges amid a climate of increasing uncertainty”, the bank says in a report last week, which is available on its web site. It does not expect any short-term improvement.

The bank is extending its support from Central and Eastern Europe to include...