EBRD President visits Serbia

By Anthony Williams

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EBRD President Sir Suma Chakrabarti travels to Serbia on 30 August 2012 for a three-day visit, his first trip to the country since he assumed the Presidency of the Bank in July 2012.

The visit underscores the EBRD’s continued commitment to Serbia, especially at a time when the EBRD region as a whole, and particularly south eastern Europe, still faces challenges from the economic crisis.

President Chakrabarti will hold discussions with senior Serbian officials, including President Tomislav Nikolic, Prime Minister Ivica Dacic, Finance and Economy Minister Mladjan Dinkic, and with representatives from the business and diplomatic community as well as from civil society.

He will also visit some of the companies in Serbia in which the EBRD has invested, including Beohemija, Victoria Group, and Forma Ideale.

Speaking ahead of his visit, Sir Suma said, “The EBRD will continue to invest strongly in Serbia and across the region. We aim to stimulate economic growth and will remain a source of funding when alternative financing remains scarce. Creating jobs to secure longer term prosperity for the people of Serbia is a key priority.”

Since the beginning of its activity in Serbia, the EBRD has committed over €3.0 billion across broad sectors of the economy.

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