EBRD Adopts New Lithuania Strategy

The European Bank for Reconstruction and Development would implement a

for Lithuania. Under the new scheme, the bank will prioritize crisis response by improving the flow of credit to small and medium-sized businesses and helping local companies enhance their equity capital. EBRD will also help the country increase energy security, invest in renewable energy and implement energy efficiency projects.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.