Cabinet Brief
Ireland to appoint director to London-based bank funding Ukraine’s economic revival
Institution formed in 1991 to aid former Soviet states
The government is to appoint a director to the European Bank of Reconstruction and Development for a three-year term.
The London-based investment bank was originally founded to aid the reconstruction of Eastern European states and their move towards market-oriented economies following the collapse of the Soviet Union in 1991. It is made up of 23 directors who oversee the bank’s operations.
Michael McGrath, the finance minister who sits on the bank’s board of governors, got ...
