EBRD

British  

abbreviation

1. European Bank for Reconstruction and Development

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Example Sentences

“There is this potential for a spiral where societies are aging, older people vote more, leaders are older, so the political discourse is shifted towards the preferences of the elderly, and that makes any reforms to pension age harder, that makes investment in education, the foundation for future growth, harder,” said Beata Javorcik, the EBRD’s chief economist.

From The Wall Street Journal

Inflation in the EBRD's region, which covers some 40 economies stretching from Kazakhstan to Hungary and Tunisia, reached an average of 16.5% in December after a 17.5% peak a month earlier, though "disinflation is likely to be more gradual than markets currently expect," according to the bank's report.

From Reuters

EBRD, which operates across roughly 40 economies in the world, hopes to increase investments in the Middle East and Africa in 2023, particularly in Egypt.

From Reuters

The bank had around $1 billion in its Russia and Belarus-focused portfolio before the war in Ukraine, which is now "fully provisioned", Renaud-Basso said, adding that in comparison, broader market conditions and non-performing loans had a limited impact on EBRD's holdings.

From Reuters

"We still haven't seen the fallout from the pandemic and the war in terms of bankruptcies. Actually, bankruptcies in the new EU member states are down," Beata Javorcik, the EBRD's chief economist, told Reuters.

From Reuters