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. Last Updated: 07/27/2016

EBRD Approves Loan

MOSCOW () -- The European Bank for Reconstruction and Development has approved the financing of projects in Russia next year to the value of $1.3 billion, Interfax reported Friday.

The news agency, quoting Oleg Preskin, the EBRD's director in charge of Russia, Belarus and Tajikistan, said the financing covered a total of 37 projects in various sectors of the economy.