EBRD President’s Brussels visit underscores partnership with EU

By EBRD  Press Office

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Flags in front of European Commission, Brussels - EBRD

Sir Suma Chakrabarti to meet Jean-Claude Juncker, EU Commissioners.

EBRD President Sir Suma Chakrabarti will be in Brussels this week for a visit highlighting the close relationship between the Bank and the European Union.

Sir Suma will have meetings with Jean-Claude Juncker, President of the European Commission, Vice-President Jyrki Katainen, Commissioner Neven Mimica and Commissioner Corina Crețu during the two-day trip.

He will also meet Thomas Wieser, President of the Euro Working Group, as well as Belgium’s Finance Minister, Johan Van Overtveldt.

High on Sir Suma’s agenda during the visit will be exploring how to enhance the already strong partnership between the EBRD and the EU on important issues such as energy, the green economy, investment in infrastructure and support for Ukraine and Greece.

Sir Suma will also be discussing with his European colleagues what the EBRD is doing to help countries where it invests deal with the impact of the current refugee crisis.

“The EU is a very close partner of ours,” Sir Suma said before leaving London. “I am very glad to have this opportunity to agree on ways we can make that relationship even stronger.”   

Between them, the EU, the European Investment Bank (EIB) and EU member states own 62.8 per cent of the EBRD’s capital.

The EU itself is the EBRD’s largest single donor, having contributed €1.4 billion in donor funds since the Bank was set up in 1991.

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