 "The St. Petersburg Times (Russia)")
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EBRD Sets New Course For Russia, THE ST. PETERSBURG TIMES
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Angelina Davydova
The St. Petersburg Times (Russia)
12-07-2004
URL: http://www.sptimes.ru/
The European bank for reconstruction and development (EBRD) declared its
new strategy for Russia in November, urging the government to speed up
institutional reforms in order to maintain strong economic growth.
EBRD, the biggest investor in Russia with a portfolio of over 1
billion dollars (in 2003) and an aim to process $1.3 billion to $1.5 billion
new transactions per year, has a broad range of investment operations.
The bank is also known as a catalyst for foreign investment, often leading
the way for many ...
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