RPT-PREVIEW-EBRD gets new lease of life, crisis plan now key

Wed May 13, 2009 6:25am BST
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(Repeats, without changes, story first published on Tuesday)

* EBRD shareholders meet in London May 15-16.

* Debate on EBRD role, remit on hold

* Focus on capital, steps to fight financial crisis

By Sebastian Tong

LONDON, May 12 (Reuters) - Eastern Europe's financial firestorm has swept away questions about the future of the European Bank for Reconstruction and Development and replaced them with worries about whether it has enough funds.

The global financial and economic crisis that has engulfed the countries within the EBRD's remit has reinvigorated the London-based development bank set up at the end of the Cold War to help former communist economies adjust to free markets.   Continued...

 
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