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EIB Investments Reached 853 Million Euros in the Western Balkans in 2021, Increasing Support for Green and Digital Projects
The European Investment Bank Group (EIB), the bank of the European Union, invested 853 million euros overall across the Western Balkans in 2021 for sustainable development, the green transition, digitalisation and support for small businesses. Last year, the EIB invested 560…
EBRD and Ascendis Launch Regional IncubatorX SME Programme
The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who will support them in turning their ideas into…
Montenegro adopts law guarding consumers and industry against energy market abuses
With the support by the Energy Community Secretariat, Montenegro has adopted a key piece of legislation on wholesale energy market integrity and transparency. The new law empowers the national regulator to monitor energy markets and investigate market abuse, thus ensuring…
EBRD and EU Promote Energy Efficiency in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up support for Bosnia and Herzegovina by providing a EUR 6 million financial package to help it improve the energy efficiency of its public buildings.…
Study Paves way to Better Understand Causes of Energy Poverty and Proposes Policies for its Mitigation in the Energy Community
The Secretariat published a study on addressing energy poverty in the Energy Community Contracting Parties. The study estimates the number of energy poor households, analyses the legal frameworks for the protection of vulnerable and energy poor consumers and investigates the…
EBRD EUR 4 Million Loan to Partner Microfinance Institution in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) is supporting green investments in Bosnia and Herzegovina with a EUR 4 million loan to Partner Mikrokreditna Fondacija Tuzla (Partner) through the Bank’s Western Balkans Green Economy Financing Facility (WB GEFF II).…
CEB and Slovenia’s SID Banka discuss a new loan for infrastructure, energy efficiency and environment
The Governor of the Council of Europe Development Bank (CEB), Rolf Wenzel, and Vice-Governor Tomáš Boček today met with representatives of the Slovene Export and Development Bank (SID Banka) to finalise a new loan worth 50 million euros, which is expected…