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Central and Eastern Europe banks receive €24.5bn rescue package Central and Eastern Europe banks receive €24.5bn rescue package



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Old 02-27-2009, 05:01 PM
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Post Central and Eastern Europe banks receive €24.5bn rescue package
The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the World Bank have all pledged today to invest €24.5 billion (£21.9 billion) into the banking sectors in Central and Eastern Europe.In particular, the funds are aimed at supporting small firms and helping them to survive the global economic downturn. Eastern [...]

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