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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 75 countries and two European Union institutions, the newest shareholder being Nigeria since February 2025. Despite its public sector shareholders, it invests in private ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crisis and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigeria
Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, a population of more than 230 million, it is the List of African countries by population, most populous country in Africa, and the List of countries and dependencies by population, world's sixth-most populous country. Nigeria borders Niger in Niger–Nigeria border, the north, Chad in Chad–Nigeria border, the northeast, Cameroon in Cameroon–Nigeria border, the east, and Benin in Benin–Nigeria border, the west. Nigeria is a Federation, federal republic comprising 36 States of Nigeria, states and the Federal Capital Territory, Nigeria, Federal Capital Territory, where its capital, Abuja, is located. The List of Nigerian cities by population, largest city in Nigeria by population is Lagos, one of the largest List of largest cities, metr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suma Chakrabarti
Sir Sumantra "Suma" Chakrabarti (born 1959) is a British former civil servant who served as president of the European Bank for Reconstruction and Development (EBRD) from July 2012 to July 2020. He was previously the highest ranking Indian in Britain's civil service, serving as Permanent Secretary to the Ministry of Justice and Clerk of the Crown in Chancery from late 2007 until 2012. Early life and education Chakrabarti was born in 1959 in Jalpaiguri, West Bengal, India. He was educated at City of London School; New College, Oxford (BA in Philosophy, Politics, and Economics); and the University of Sussex (MA in Development Economics). Career in the civil service Chakrabarti joined the UK's Overseas Development Administration (ODA), the predecessor to the Department for International Development, in 1984 as a senior economic assistant working on macroeconomics issues and UK aid projects. He previously worked in Botswana on an Overseas Development Institute Fellowship. He w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Mirow
Thomas Mirow (born 6 January 1953) is a German politician of the Social Democratic Party of Germany, Social Democratic Party who served as president of the European Bank for Reconstruction and Development from 2008 to 2012. Early life and education Mirow was born and raised in Paris, where his father was Germany's representative at the OECD, Organisation for European Economic Co-operation (OEEC). He wrote his doctoral thesis on Charles De Gaulle’s foreign policy. Career Career in state politics From 1991 until 1997, Mirow held various positions in the state government of Mayor Henning Voscherau of Hamburg, including as State Minister and Head of the Chancellery (1991-1993) and as State Minister for Urban Development and Head of the Chancellery (1993-1997). He later served as State Minister for Economic Affairs in the government of Mayor Ortwin Runde from 1997 until 2001. Career in the private sector Between 2002 and 2005, Mirow worked as advisor to Ernst & Young and M. M. Warbur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean Lemierre
Jean Lemierre (born 6 June 1950) is a French former public servant who was the president of the European Bank for Reconstruction and Development from 2000 to 2008. He is now chairman of BNP Paribas. Career Public sector In 2000, Lemierre was elected as the new chief of the European Bank for Reconstruction and Development (EBRD), succeeding Horst Köhler. During his time in office, he warned Russia to stop Yukos-style expropriations from spreading. In 2004, the French government nominated Lemierre as candidate to head the International Monetary Fund (IMF); the post went to Rodrigo Rato instead. From 2005 until 2008, he served on the advisory board of the Commission on Legal Empowerment of the Poor. Private sector Following his departure from EBRD, Lemierre joined BNP Paribas as an adviser. In 2011, Lemierre (alongside Charles Dallara) was co-head of the bondholders’ committee that renegotiated €200 billion of Greek bonds with the government in a high-stakes deal that sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horst Köhler
Horst Köhler (; 22 February 1943 – 1 February 2025) was a German politician who served as President of Germany from 2004 to 2010. As the candidate of the two Christian Democratic sister parties, the Christian Democratic Union of Germany, CDU (of which he was a member) and the Christian Social Union of Bavaria, CSU, as well as the liberal Free Democratic Party (Germany), FDP, Köhler was 2004 German presidential election, elected to his first five-year term by the Federal Convention (Germany), Federal Convention on 23 May 2004 and was subsequently inaugurated on 1 July 2004. He was 2009 German presidential election, reelected to a second term on 23 May 2009. Just a year later, on 31 May 2010, he resigned from his office in a controversy over a comment on the role of the Bundeswehr, German Armed Forces in light of a visit to the troops in Afghanistan. During his tenure as president, whose office is mostly concerned with ceremonial matters, Köhler was a highly popular politician, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacques De Larosière
Jacques de Larosière de Champfeu (; born 12 November 1929) is a French former civil servant who served as the president of the European Bank for Reconstruction and Development from 1993 to 1998. He previously served as the governor of the Banque de France from 1987 to 1993. Before that appointment, he was also the sixth managing director of the International Monetary Fund (IMF) from 1978 to 1987 Early life and education Larosière descends from Joseph Thebaud. He studied at Lycée Louis-le-Grand and Institut d'Etudes Politiques de Paris. He graduated from École nationale d'administration in 1958 and entered the elite French Finance Ministry internal inspectorate known as the '' Inspection générale des finances''. Career Career in government From 1965 to 1974 Larosière worked at the within the French Finance Ministry. He then briefly joined the private office (''cabinet'') of Finance Minister Valéry Giscard d'Estaing, and following the latter election as French President, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Currency Unit
The European Currency Unit (, , ; ⟨⟩, ECU, or XEU) was a unit of account used by the European Economic Community and composed of a basket of member country currencies. The ECU came in to operation on 13 March 1979 and was assigned the ISO 4217 code. The ECU replaced the European Unit of Account (EUA) at parity in 1979, and it was later replaced by the euro (EUR) at parity on 1 January 1999. As a unit of account, the ECU was not a circulating currency and did not replace or override the value of the currency of EEC member countries. However, it was used to price some international financial transactions and capital transfers. Exchange rate Using a mechanism known as the "snake in the tunnel", the European Exchange Rate Mechanism was an attempt to minimize fluctuations between member state currencies—initially by managing the variance of each against its respective ECU reference rate—with the aim to achieve fixed ratios over time, and so enable the European ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fall Of The Berlin Wall
The fall of the Berlin Wall (, ) on 9 November in German history, 9 November 1989, during the Peaceful Revolution, marked the beginning of the destruction of the Berlin Wall and the figurative Iron Curtain, as East Berlin transit restrictions were overwhelmed and discarded. Sections of the wall were breached, and planned deconstruction began the following June. It was one of the series of events that started the Revolutions of 1989, fall of communism in Central and Eastern Europe. The fall of the inner German border took place shortly afterward. An end to the Cold War was declared at the Malta Summit in early December, and German reunification took place in October the following year. Background Opening of the Iron Curtain The opening of the Iron Curtain between Austria and Hungary at the Pan-European Picnic on 19 August 1989 set in motion a peaceful chain reaction, at the end of which there was no longer an East Germany and the Eastern Bloc had disintegrated. After the picnic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
François Mitterrand
François Maurice Adrien Marie Mitterrand (26 October 19168 January 1996) was a French politician and statesman who served as President of France from 1981 to 1995, the longest holder of that position in the history of France. As a former First Secretary of the Socialist Party, Socialist Party First Secretary, he was the first Left-wing politics, left-wing politician to assume the presidency under the French Fifth Republic, Fifth Republic. Due to family influences, Mitterrand started his political life on the Catholic nationalist right. He served under the Vichy France, Vichy regime during its earlier years. Subsequently, he joined the French Resistance, Resistance, moved to the left, and held ministerial office several times under the French Fourth Republic, Fourth Republic. Mitterrand opposed Charles de Gaulle's establishment of the Fifth Republic. Although at times a politically isolated figure, he outmanoeuvred rivals to become the left's standard bearer in the 1965 French pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
