LONDON: Europe’s development bank on Wednesday (Thursday in Manila) downgraded slightly its outlook for its regions of investment—owing to ultra-low oil prices, markets volatility and international tensions.
The European Bank for Reconstruction and Development (EBRD) gave the assessment for its 36-nation investment zone—comprising countries in eastern Europe, central Asia and the Mediterranean—on the first day of its annual meeting in London, where it is headquartered.
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