The European Regional Development Fund: Boosting Growth and Prosperity The European Regional Development Fund (ERDF) plays a crucial role in promoting economic growth, regional development, and cohesion within the European Union (EU). Established in 1975, the ERDF has become a vital tool in supporting projects that aim to reduce regional disparities and enhance the competitiveness …
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The European Bank for Reconstruction and Development (EBRD) is an international financial institution that plays a crucial role in promoting sustainable development and fostering economic growth in countries across Europe, Central Asia, and the Southern and Eastern Mediterranean region. Established in 1991, the EBRD has been at the forefront of supporting transition economies as they …
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