Bloomberg News

EBRD Head Mirow No New Capital Injection Envisioned, BZ Reports

May 10, 2012

The European Bank for Reconstruction and Development won’t use public funds any more to boost its capital, Boersen-Zeitung reported in a preview of an article to be published tomorrow, citing an interview with President Thomas Mirow.

Shareholders have emphasized that after boosting its capital by 10 billion euros ($13 billion) to 30 billion euros in 2010, there will be no further increase, the newspaper reported Mirow as saying.

To contact the reporter on this story: Alex Webb in Frankfurt at awebb25@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net


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