Global Political Alliances Questions
The European Bank for Reconstruction and Development (EBRD) is an international financial institution established in 1991. Its primary objective is to promote the transition towards market-oriented economies and foster sustainable development in countries from Central and Eastern Europe, as well as Central Asia. The EBRD provides financing for various projects, including infrastructure development, private sector initiatives, and support for small and medium-sized enterprises. It also offers policy advice and technical assistance to its member countries. The bank operates based on the principles of market economy, democracy, and environmental sustainability.