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EBRD raises investments in SEE by 10% in 2013

EBRD raises investments in SEE by 10% in 2013

BELGRADE (Serbia), January 15 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Wednesday its investments in Southeast Europe (SEE), a region that has remained particularly vulnerable to the effects of problems in the eurozone, rose to around 1.65 billion euro ($2.25 billion) last year from 1.5 billion euro in 2012.

In 2013, EBRD investments remained strong in Turkey, totalling around 920 million euro, the multi-lateral lender said in a press release.

Total investments for the year across all of the regions where the EBRD is active amounted to 8.5 billion euro, according to preliminary estimates.

($=0.7345 euro)