World Bank, EIB, EBRD pledge $31.2 bln. Eastern European aid

Discussion in 'Economics' started by ASusilovic, Feb 27, 2009.

  1. The World Bank, the European Bank for Reconstruction and Development and the European Investment Bank issued a joint pledge Friday to provide up to 24.5 billion euros ($31.2 billion) in aid to support Eastern Europe's bank sector. "This is a time for Europe to come together to ensure that the achievements of the last 20 years are not lost because of an economic crisis that is rapidly turning into a human crisis," said World Bank President Robert Zoellick, in a statement.{E16909BD-CAA7-42F1-A2B5-AE0EBE7D077F}

    Yes, we can ! Yes, we can come together !
  2. Eastern Europe deserves all the money we can print -- in exchange for their top natural resource export:

  3. Amen to that.

    "Top natural rescource export"...ha, ha, ha...:p