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Lenders will stay in Eastern Europe

Nov 14, 2012
From wire reports

RIGA - International lenders will support Eastern Europe with more than 30 billion euros in the next two years to shield it from the impact of the euro area’s debt crisis, mimicking a plan they implemented in 2009, reports Bloomberg. The European Investment Bank, based in Luxembourg, the Washington-based World Bank and the European Bank for Reconstruction and Development in London on Nov. 8 agreed on an action plan for the region, they said in a joint statement. Under the plan, they w ...

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