EBRD chief in Athens to meet ministers, open bank’s local office
The head of the European Bank for Reconstruction and Development (EBRD) is paying his first visit to Greece since the institution started lending to Greece earlier this year.
“We are determined to make a significant contribution to Greece’s recovery and my visit today will provide us with first-hand insight into the most urgent tasks,” said Sir Suma Chakrabarti, the EBRD president.
“In the first months since we started operating in Greece we have made good progress in laying the foundations for strong delivery. The most important thing now is to act in order to mobilise investment, strengthen the private sector and deepen regional integration.”
Chakrabarti is due to meet Finance Minister Euclid Tsakalotos, Economy Minister George Stathakis, Bank of Greece Governor Yannis Stournaras and the Mayor of Athens, Giorgos Kaminis.
Chakrabarti will will also officially open the EBRD Representative Office in Athens. The office has a staff of eight and is led by Sabina Dziurman, the Regional Director for Greece and Cyprus.
The EBRD started investing in Greece last year on a temporary basis until 2020. It has already invested 320 million euros in six projects and is currently working with the Greek authorities on a country strategy that will define the bank’s activities until 2020.
You may be interested
The Crusader castle of Chlemoutsi in the PeloponnesePanos - Jan 19, 2021
Imposing, and rich in history, Greece hosts countless medieval castles and fortresses. Each one has a different story to tell…Some…
Independent Panel says WHO and China failed to act fast in Covid-19 responsePanos - Jan 19, 2021
The World Health Organization and Beijing could have acted faster when Covid-19 first surfaced in China, a group investigating the…
Cavusoglu openly threatens Greece with war in front of German Foreign MinisterPanos - Jan 19, 2021
Greece and Turkey might have agreed to sit at the table for exploratory talks at the end of January, but…