EBRD Revises 2010 Regional Growth Forecast

    The European Bank for Reconstruction and Development

    for 30 countries in Central Europe and Central Asia. The bank now expects a 3.3 percent average growth rate across the region, up from its October forecast of 2.5 percent. The increase was driven by the strong performance of Poland, Turkey, Kazakhstan and Russia.

    About the author

    • 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.