site.btaGovernment Approves Draft Resolution on Increase of EBRD Authorized Capital

By its decision, the Council of Ministers approved a draft Resolution by the Board of Governors of the European Bank for Reconstruction and. Development (EBRD)) regarding an increase in the authorized capital of the bank and the subscription of shares in it, also authorizing the Minister of Finance, in his capacity as the governor for Bulgaria, to vote in favour of the Resolution.

With the capital increase, the bank will maintain the necessary level of financial stability to undertake extraordinary investments in Ukraine and to continue to provide full support to the other countries in which it operates, helping them both to deal with the challenges of transition, as well as in overcoming the consequences of the war in Ukraine.