EBRD SHAREHOLDERS STATE BANK`S PRIORITIES IN BG

Business | September 25, 2001, Tuesday // 00:00

`The interests of the European Bank for Reconstruction and Development in Bulgaria are primarily in the areas of the privatization in the energy and banking sectors and in municipal services,` EBRD director for Southeast Europe Olivier Descamps said. He met Economy Minister Nikolay Vassilev and Finance Minister Milen Velchev. Representatives of the 62 EBRD shareholders are on a visit in Bulgaria. According to Descamps, EBRD will make everything possible to attract more resources and accelerate the reforms in Bulgaria. `EBRD`s investment in Bulgaria jumped from EUR 250 to 500 M for four years,` Finance Minister Velchev said after the meeting. Later during the day, EBRD delegation met Sofia city mayor Stefan Sofianski to discuss the Sofiiska Voda project and other cities that are ready to implement projects with the EBRD.

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