The EBRD team will arrive in Latvia straight off the back of a similar visit to Estonia. The two visits are "part of a regular series of consultations and will give shareholder representatives the opportunity to meet senior government officials and members of the business community, as well as representatives of international partners and civil-society organisations. The Directors will also visit private and public projects financed by the Bank," said a preview of the visit.
The EBRD board will be represented by a seven-strong team in addition to senior management including Charlote Ruhe, Managing Director for Central and Southern Eastern Europe, Andreea Moraru, the new Regional Director for Poland the Baltic States, and Tomas Kairys, Associate Director, Head of the Baltic States.
In Latvia, the delegation will meet with Latvia’s Minister of Finance and EBRD Governor Arvils Ašeradens, the Governor of the Bank of Latvia Mārtiņš Kazāks, as well as clients in the energy sector.
Both Estonia and Latvia are founding members of the European Bank for Reconstruction and Development. The Bank has invested, €1.1 billion in 108 projects in Latvia and €935 million in 110 projects in Estonia and cites "Promoting the development of capital markets and supporting digitalisation" as two of its key priorities in the Baltic region.
The European Bank for Reconstruction and Development was established in 1991 to help build a new, post-Cold War era in Central and Eastern Europe. It has since invested more than €190 billion in over 7,000 projects.
More details: https://www.ebrd.com/home
