Southern Mediterranean

Source: Nadine Marroushi , Egypt Independent

http://www.egyptindependent.com/weeklyedition/2012/jun/07

Source: Sana Ajmi, Tunisia Live

With its sights set on Tunisia and other countries in the southern and eastern Mediterranean (SEMED), the European Bank for Reconstruction and Development (EBRD) declared at a recent summit in London that it is breaking away from the free-market approach it employed to shore up the economies of Eastern European states in the post-Cold War period.

Source: , al-Ahram

Euro development bank says promoting democratic freedoms is its main goal after it agrees 1 billion euro fund for Egypt and other Arab nations.

Source: Carolyn Cohn, Reuters

The European Bank for Reconstruction and Development's president-elect said the bank's role in promoting democracy through its investments would be a central focus for his term, as the EBRD agreed a 1 billion euro fund for North Africa.

Source: Garine Katcherian, Naharnet

Four Arab countries are expected this year to start witnessing major foreign investments after the European Bank for Reconstruction and Development established a one billion euro ($1.28 billion) fund, excluding Lebanon from the process for allegedly failing to ask the lending body to carry out a technical assessment on the country.

Source: Loubna Flah, Morocco World News

At the current conjuncture, the lack of job opportunities in Morocco can be a lurking threat to the government’s viability and, eventually, to the country’s stability. Those who believe that Morocco is out of the danger zone may have to reconsider their appraisal of the situation. Faced with all sorts of hurdles ranging from financial to infrastructural ones, the government is still pondering how to fulfill their promises. The domestic growth seems entrapped in a status quo due to the budget deficit and the consecutive seasons of drought that paralyze agriculture, one of the key sectors in the Moroccan economy. The public sector burdened with public expenses can no longer lift the weight of job demands among Moroccan youth.

Source: , Jadaliyya

http://www.jadaliyya.com/pages/index/5453/critical-perspectives-on-ebrd-...