ebrd
Ukraine has been under a full-scale armed attack by Russian military forces since February 2022. In the face of these dire circumstances, it is no secret that people need food, and all hands must be on deck when they face man-made and natural disasters. In this context, it would be easy to justify that millions of Euros and U.S. dollars are poured into a factory farming project with the potential to feed large swaths of the population. Or would it? This is certainly the line of argument that is being used by development banks such as the European Bank for Reconstruction and Development (EBRD),...
Euronews (English)
Just a year ago, a summit meeting of the leaders of Turkey and Greece would have created sensational news. But when President Recep Tayyip Erdoğan hosted Prime Minister Kyriakos Mitsotakis in Ankara this week, it was almost a routine talk between neighbours. The meeting was their fourth in 10 months as the two leaders try to put an end to decades of mutual animosity by focusing on trade, tourism, energy and repairing cultural ties, among other areas. “In the critical area of migration, the cooperation between our two countries and especially between the police and the coast guard is paying off...
Euronews (English)
The EBRD, which is holding its annual meeting in Yerevan, Armenia, has published its new growth forecasts for the regions it covers and highlighted how sanctions on Russia have impacted its economy. "I think it was unrealistic to expect that sanctions against Russia would lead to a deep economic and financial crisis, as many had hoped," Beata Javorcik, chief economist of the EBRD, told AFP. Russia, which had economic growth of 3.6% last year, is expected to see its gross domestic product (GDP) grow by 2.5% this year, 1.5 percentage points higher than forecast in September, according to the EBR...
Euronews (English)
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