Greece Approved as Recipient of EBRD Funding Through 2020
Wolfgang Schaeuble’s Control of Greece’s Future
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Greece, the European Union’s most indebted member, will receive financing from the European Bank for Reconstruction and Development through 2020 to promote an economic overhaul.
The London-based lender, which is owned by 64 countries, the EU and the European Investment Bank, aims to end a dearth of capital among Greek private companies, in particular small and medium-sized businesses, EBRD President Suma Chakrabarti said in Brussels on Tuesday.