Zagreb 13th May 2010 (MIA) – Macedonian delegation headed by Vice Prime Minister and Minister of Finance Zoran Stavreski will visit Zagreb as of tomorrow, so as to take part in the 19th Annual Meeting of the European Bank for Reconstruction and Development.


Two-day EBRD meeting, as MIA reported, will be dedicated on how to support the region in the post- crisis period in the best possible manner. According to the announcements, this meeting will be attended by around 2,500 high government officials, business leaders, international and local institutions and associations of citizens.


During the Forum, Vice Prime Minister Stavreski will have many meetings with high officials from EBRD, among which, Managing Director of EBRD Business Group for Central and South-East Europe Peter Rajniger, Director for Power and Energy Nandita Parshad, Director for Transport Sue Barrett and Director for Natural Resources Kevin Bortz. Meetings with EIB delegation, as well as representatives from the Council of Europe Development Bank are also planned. During the meeting with EIB delegation, already being implemented projects will be discussed, as well as Government’s projects, for which the bank has shown interest to finance.


Tomorrow, Macedonian delegation, in front of the interested investors and international financial institutions, will present the opportunities for investing and the business climate, and loan agreement between EBRD and Ohridska banka in the amount of EUR 10 million will be signed, to be used for crediting small- and medium-sized enterprises.


Since it started operating, EBRD has invested more than EUR 510,000,000 in over 40 projects in the financial sector, energy sector, infrastructure and corporation activities in Macedonia. In the coming years, bank’s activities in Macedonia will be aimed at supporting real economy, energy efficiency and improving competition. EBRD, in its most recent report on the assessment of the economic developments, envisages growth of Macedonian economy by 3.8 percents next year. EBRD is international financial institution supporting projects in 29 countries from Central Europe to Central Asia. Its investments are mainly focused on the private sector.


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