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World Bank boosts support for emerging Europe

30 January 2012

The World Bank has pledged to assist countries of emerging Europe and Central Asia with $27 billion in funding, including trade finance.

Read more: World Bank IFC MIGA emerging Europe

The World Bank Group (WBG) has announced that it is making $27 billion in funding available over the next two years for emerging Europe and Central Asia (EE&CA) countries impacted by the Eurozone crisis. Part of this funding will be levelled at further support for trade finance.

In the first major initiative, the World Bank’s International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) will increase...


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