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Global Economic Crisis Rescues European Bank

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The European Bank for Reconstruction and Development is actively helping Eastern European countries affected by the global financial crisis. In May it injected $578 million into the Eastern European cubsidiaries of Itlalian bank UniCredit. It is asking member countreis inclufding the USA for $14.6 billion to help these countries that will see a contraction of 6% in 2009.

European Bank for Reconstruction and Development and helping hard hit Eastern European economies.

10/08/2009

Grouped Articles

Global Economic Crisis Rescues European Bank

New York Times 10/08/2009

Mixed Picture for Central Economies

Wall Street Journal 08/15/2012


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