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Black Sea Trade & Development Bank to Boost Post-Crisis Econ Growth

Business | February 16, 2014, Sunday // 17:32| Views: 1483 | Comments: 2
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Bulgaria: Black Sea Trade & Development Bank to Boost Post-Crisis Econ Growth Bulgaria's Deputy Prime Minister Daniela Bobeva, photo by BGNES

The Black Sea Trade and Development Bank will participate actively in the post-crisis development of the economies of its 11 members, according to Bulgarian Deputy Prime Minister.

Speaking Sunday after a sitting of the Board of Governors of the BSTDB, Deputy Prime Minister Daniela Bobeva reminded that the BSTDB included 11 countries, including Turkey, Greece, Russia, Bulgaria, Ukraine, Romania, as well as five smaller shareholders.

She said that all of the 11 member countries had acknowledged that the BSTDB had coped with the crisis but that it was time to ensure more active lending.

Bobeva informed that the 15-year anniversary of the BSTDB would be marked with a prestigious business forum in Bulgaria.

"There will be a special session on energy, during which the projects from Azerbaijan and Russia will be discussed, as well as the gas grid interconnections between the countries in the Black Sea region, and a number of other projects in the sphere of industry," Bobeva stated in an interview for the Bulgarian National Radio (BNR).

She pointed out that there had been a proposal to promote the participation of Bulgarian companies in the privatization process in Greece, adding that some of the more interesting privatization announcements would be published in Bulgarian media outlets.

The BSTDB was established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine which are the 11 founding countries of the Black Sea Economic Cooperation (BSEC) as a financial pillar of BSEC.

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#2
marthaa - 19 Feb 2014 // 08:08:14

after a sitting of the Board of Governors of the BSTDB, Deputy Prime Minister Daniela Bobeva reminded that the BSTDB included 11 countries, including Turkey, Greece, Russia, Bulgaria, Ukraine, Romania, as well as five smaller shareholders. - See more at: http://www.rctopshop.com/esky-rc-helicopters

#1
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