European Bank for Reconstruction and Development: EBRD to resume investing in Czech Republic following Covid-19 pandemic
- EBRD to invest in Czech Republic again for the first time since 2008
- Czech Republic among countries worst hit by coronavirus crisis in Europe
- EBRD to strengthen economic resilience and stimulate private-sector growth
The European Bank for Reconstruction and Development (EBRD) is to resume investment in the Czech Republic. The Bank’s Board of Directors approved a request by the Czech government to help with recovery from the Covid-19 crisis.
The EBRD’s re-engagement will be temporary and not exceed a period of up to five years.