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Image header Agence Europe
Europe Daily Bulletin No. 10666
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...