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| Mar 05, 2010 | Posted by Rowan Ryrie in European investment bank , EU |

It has become clear over the past week that the EU is hoping to reform its existing lending to developing countries through the European Investment Bank (EIB), European Bank of Reconstruction and Development (EBRD) and other budgetary funds into a new international financial institution that would have a similar international profile to the World Bank. The EU wants a new institution that can do for Europe’s reputation in the developing world what it considers the World Bank does for America’s reputation.




