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Tag: EBRD

EBRD extends 0M loan for Türkiye’s quake-hit zone restoration
Economy

EBRD extends $100M loan for Türkiye’s quake-hit zone restoration

January 31, 2024

The European Bank for Reconstruction and Development (EBRD) is offering a mortgage of as much as $100 million (TL 3.03 billion) to Türkiye’s electrical energy

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Türkiye at top of list of EBRD’s record-breaking investments in 2023
Economy

Türkiye at top of list of EBRD’s record-breaking investments in 2023

January 12, 2024January 12, 2024

The investments supplied by the European Bank for Reconstruction and Development (EBRD) pushed as much as a brand new report of 13.1 billion euros ($14.32

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EBRD’s investments in Türkiye in 2023 set to top record .7B
Economy

EBRD’s investments in Türkiye in 2023 set to top record $2.7B

November 22, 2023November 22, 2023

Investments by the European Bank for Reconstruction and Development (EBRD) in Türkiye this 12 months are anticipated to exceed 2.5 billion euros (round $2.72 billion),

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EBRD unveils support program for earthquake-hit SMEs in Türkiye
Economy

EBRD unveils support program for earthquake-hit SMEs in Türkiye

September 12, 2023September 12, 2023

The European Bank for Reconstruction and Development (EBRD) introduced Tuesday it’s launching its Reconstruction Assistance and Grant program to assist small and medium-sized enterprises (SMEs)

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Türkiye’s inflation to fall further in absence of major lira volatility
Economy

Türkiye’s inflation to fall further in absence of major lira volatility

May 18, 2023May 18, 2023

Türkiye’s inflation is anticipated to fall additional towards year-end with out main volatility or a big depreciation within the Turkish lira, in line with a

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EBRD revises down Türkiye growth forecast for 2023
Economy

EBRD revises down Türkiye growth forecast for 2023

May 16, 2023May 16, 2023

The European Bank for Reconstruction and Development (EBRD) has revised its progress forecast for Türkiye in 2023, reducing it to 2.5% from the beforehand projected

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European bank to invest up to .6B in Türkiye’s quake-hit region
Economy

European bank to invest up to $1.6B in Türkiye’s quake-hit region

March 9, 2023March 9, 2023

The European Bank for Reconstruction and Development (EBRD) will make investments as much as 1.5 billion euros ($1.6 billion) in southern Türkiye over the subsequent

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EBRD, employees raise over 5,000 for Türkiye’s quake victims
Economy

EBRD, employees raise over $795,000 for Türkiye’s quake victims

February 24, 2023February 24, 2023

The European Bank for Reconstruction and Development (EBRD) and its employees have pledged to donate 750,000 euros (about $795,000) to earthquake victims in southern Türkiye

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Türkiye direct earthquake damage estimated as B: JPMorgan
Economy

Türkiye direct earthquake damage estimated as $25B: JPMorgan

February 17, 2023

The devastating earthquakes that struck Türkiye’s southeast might inflict direct prices stemming from the destruction of bodily constructions totaling round $25 billion (TL 471.65 billion),

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Quakes could result in loss of up to 1% of Türkiye’s GDP in 2023
Economy

Quakes could result in loss of up to 1% of Türkiye’s GDP in 2023

February 17, 2023February 17, 2023

The devastating earthquakes that struck Türkiye final week might lead to a lack of as much as 1% of the nation’s gross home product (GDP)

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