EBRD hopes for 10 billion euros more cash

Bankwatch calling for environment, social justice and transparency

Published on IFIwatchnet, by CEE Bankwatch, March 18, 2010.

On Tuesday 23rd March, the directors of the European Bank for Reconstruction and Development EBRD are due to sign off on a document that lays out the bank’s intentions for lending in central and eastern Europe for 2011-2015 – based on this document, the EBRD hopes to receive an extra 10 billion euros in capital from its shareholders, international governments who provide the EBRD with public money … //

… Bankwatch’s concerns are outlined on a new website featuring cartoons to illustrate some of the weaknesses in the EBRD’s operations. Join us … EBRD country representative … (full text) … (more info).

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