Skip to main content

CEI Fund at the EBRD contributed by Italy: Budget 2014 approved and Annual Report 2013 presented in London

On 11 April 2014, the CEI Steering Committee met in London at the Headquarters of the European Bank for Reconstruction and Development (EBRD). The CEI National Coordinators and the representatives from the CEI countries at the EBRD Board of Directors approved the Budget 2014 of the CEI Fund at the EBRD. It foresees over 1.8 million EUR for financing the Technical Cooperation (TC) Programme and the Know-how Exchange Programme (KEP), the two CEI Fund’s operational instruments supporting non-EU CEI Member States in their process of integration with the European Union.
 
The Annual Report 2013  - related to the projects and activities financed by the CEI Fund - was also presented. The document outlines commitments made available throughout 2013 for 15 project assignments amounting to around 1.2 million EUR.
 
During the meeting, EBRD experts presented selected projects and programmes financed by the CEI Fund at the EBRD. In particular: the Bank’s Resources Efficacy Initiative for the Corporate Sector, Technical Assistance Projects targeting Montenegro as well as a Capacity Building Project for training public procurement officials in CEI Member States. An outlook focusing on reforms and growth in CEI countries complemented these presentations.
 
Delagates from CEI countries highlighted and praised  the success story of the long-lasting CEI-EBRD partnership. Participants expressed their gratitude to the Italian Government for its remarkable financial commitment that – since 1992 -  has totaled a 38.5 million EUR contribution to the CEI Fund at the EBRD, thus enabling important EBRD investments and operations in the CEI region.
 
For more information: dovier@cei.int


 

Subscribe to CEI Newsletter

Keep up-to-date with the latest news and highlights from the Central European Initiative.