EBRD Blog

European Bank for Reconstruction and Development

Riding Russian rail: the 12.56 to Sergiev Posad

Students of Russian and Soviet history quickly learn the pivotal role that the railroads have played in the country’s economic development. In czarist times, it was the construction of the mammoth Trans-Siberian Railroad which opened up the Russian Far East,…

"Cast your mind back to another world"

As we reach the 20th anniversary of the fall of communism, Larry Sherwin reflects on the events of 1989

It was Russian business executive Alexei Mordashov who put it succinctly, jarring my own memory of the bad old days. At…

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