European finance ministers recognised the need to streamline the European financial architecture for development in order to increase its impact and visibility, on Thursday 10 October, during a debate based on the recommendations of the ‘Wieser’ Group report (see EUROPE B12344A10).
The Wieser group suggests three options for changing this European financial architecture: - increase the EBRD's resources by transferring part of the EIB's operations to it; - create a specific subsidiary...