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EBRD Board of Directors Pay Visit for Bulgaria Update A delegation of the EBRD Board of Directors will be visiting Bulgaria during October 20-22 to obtain up-to-date information on developments in one of the bank's countries of operation.
During the visit members of the EBRD delegation will meet the Bulgarian authorities, including the President Georgi Parvanov, Prime-Minister Boyko Borisov, and members of the Bulgarian government.
The EBRD directors will also hold meetings with representatives of local NGOs, international financial organisations operating in Bulgaria, as well as representatives of the business and diplomatic communities.
The purpose of the visit is to get an update on Bulgaria's investment priorities and the EBRD's involvement in the context of the forthcoming country strategy.
The discussions between EBRD Board Directors and government representatives are expected to focus on the bank's role in supporting public and private sector investments as well as on Bulgaria's investment climate.
The EBRD has stepped up its activity in the region and is expected to invest close to EUR 500 M in Bulgaria's private sector by the end of 2010.
Since the beginning of its operations in Bulgaria the EBRD has invested overEUR 2 B in various sectors of the country's economy, mobilising additional investment in excess of EUR 5 B.
Tags: EBRD, European Bank for Reconstruction and Development
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