The Latest Breaking News from European Bank for Reconstruction and Development

The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes. Also in the show: Beata Javorcik, Chief Economist at the European Bank…

Our Business Editor Kate Moody has been speaking to the head of the European Bank for Reconstruction and Development (EBRD) at the World Economic Forum in Davos. EBRD head Odile Renaud-Basso explained how the institution, which was already present in Ukraine before the Russian invasion, has been "shifting" its support…

The Ukraine war has major economic consequences for energy, food, inflation and poverty, according to the European Bank for Reconstruction and Development. The EBRD's chief economist, Beata Javorcik, spoke to AFP about the fallout from Russia's invasion of Ukraine, from where more than three million refugees have fled so far.…

Egypt and the European Bank for Reconstruction and Development (EBRD) signed two memoranda of understanding (MoU) on green hydrogen and established the Sector Skills Council (SCC) to boost the tourism sector. They also signed an agreement to implement an Alexandria metro line with a total value of €250 million. The…

Egypt and the European Bank for Reconstruction and Development (EBRD) discussed clean energy transition and Cairo's ongoing preparations for hosting the UN's Conference of Parties on Climate Change (COP 27). Minister of Petroleum and Mineral Resources Tarek El-Molla met Vice President of Policy and Partnerships at EBRD Mark Bowman and…

For more than 30 years, the European Bank for Reconstruction and Development (EBRD) has been investing in countries in Central and Eastern Europe. It's since expanded into the Middle East, Central Asia and North Africa and has plans to move into Sub-Saharan Africa too. The EBRD's President Odile Renaud-Basso discussed…