Reuters and the Moscow Times reports that Matthias Kollatz-Ahnen, a vice president of the European Investment Bank (the only non-governmental shareholder in the EBRD), said the bank aimed to take a majority stake in EBRD through gradually buying out non-European Union shareholders.
Australia has said that it wishes to sell its stake, and the US has pushed the EBRD to pay a dividend (unprecedented for a development bank), which would have the effect of lowering its available capital.
Thursday, March 6, 2008
Reuters/MT: EIB interested in buying out non-EU Shareholders of EBRD
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