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Europe Daily Bulletin No. 9850

28 February 2009
Contents Publication in full By article 14 / 38
GENERAL NEWS / (eu) eu/economy
International financial institutions move to support banking sector in Central and Eastern European countries

Brussels, 27/02/2009 (Agence Europe) - The calls for support for the banking sector in the countries of Central and Eastern Europe have not fallen on deaf ears. On Friday 27 February, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the World Bank jointly undertook to provide up to €24.5 billion for the banks and businesses of the region. The initiative has been welcomed by the European Commission which has stressed the importance of the...

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