The EBRD will begin to pour billions into Asian and African countries

The European Bank for Reconstruction and Development, which for 30 years to finance projects in Eastern Europe, former Soviet Union and Yugoslavia, now intends to invest in the development of Middle East and North Africa. This was stated by the head of the EBRD, Thomas Mirow, reported Agence France-Presse. In these regions still planned to invest about 2.5 billion, said the President of the EBRD. According to him, specific decisions must be made in the coming weeks, a final extension of the activities will be formalized before the end of July. The EBRD has decided to expand its geography after a series of revolutions in the Arab countries that have taken place in early 2011. Now the EBRD is considering a request of Egypt and Morocco for the status of the country of the bank. Recall, the EBRD was founded in 1991 to work on post-Soviet space. He currently supports projects in more than two dozen countries, including Ukraine. On materials urk.net