EBRD blog European Bank for Reconstruction and Development

Tag: EIB

Emerging Europe’s Deleveraging Dilemma

EBRD Chief Economist Erik Berglof and former Deputy Prime Minister of Serbia Božidar Đelić provided this commentary for Project Syndicate.

Serbia’s Tigar Corporation, a privatized automobile tire and tube maker, was a poster child for corporate makeovers in transition economies. Then eurozone deleveraging kicked in, and now the child in the poster is in serious trouble.… Read more

€30 billion for emerging Europe from EIB, World Bank and EBRD

EBRD Chief Economist, Erik Berglof: This new, larger financial package will focus on both financial and non-financial sectors to promote growth and structural reforms in central and south-east Europe.

A full transcript of the video is available below.

“The purpose of this €30 billion is to help recovery in our region, and we are now talking about central and south-east Europe.… Read more