The European Bank for Reconstruction and Development has invested EUR 1 B in Bulgaria, it emerged at a meeting of Prime Minister Sergey Stanishev with Olivier Descamps, Director for Southern and Eastern Europe and the Caucasus. The bank has assisted in attracting another EUR 4 B to the Balkan state.
Over the last three years the bank has doubled investments in the energy sector, banking, tourism, small and medium-sized enterprises and industry.

During their meeting, Prime Minister Stanishev briefed Olivier Descamps on the government's program.