Stefan Wagstyl of the Financial Times reports that, as part of the EBRD's push southeast and east, Turkey is the next logical step to expand the EBRD's countries of operation.
The EU, whose members together control about 60 per cent of the EBRD, is due to consider these issues at a finance ministers' meeting next week, which Mr Lemierre is scheduled to attend. Turkey is an EBRD member but has long wanted to join the bank's countries of operation and secure access to finance. But it has run into opposition from some EU members, which preferred the EBRD to focus on the former communist states, especially future members of the bloc.Sphere: Related Content
